MBF Healthcare Partners has agreed to invest up to $50 million into Simply Healthcare Plans of Florida Inc., a Coral Gables, Fla.-based HMO.
Express, a Columbus, Ohio-based retail apparel brand and retailer, has filed for a $200 million IPO. It plans to trade under ticker symbol EXPR, with Goldman Sachs and BoA Merrill Lynch serving as co-lead underwriters. The company reports around $1.74 billion in net sales for the first 39 weeks of 2009 (through Oct 31), compared […]
US LBM Holdings LLC, a portfolio company of BlackEagle Partners, has agreed to acquire the operations of Edward Hines Lumber Co., a Chicago-based supplier of lumber and building materials. No financial terms were disclosed.
Monitor Clipper Partners has made four promotions: Tom Perkins to operating partner, Samer Ezzeddine and David Sheffer to vice president and Jennifer DuBois to fund accounting manager.
LONDON (Reuters) – Lenders to UK gaming group Gala Coral have put forward a plan to pump 175 million pounds into the troubled company, in a bid to restructure its debt, the FT reported on Tuesday, citing unnamed sources. Gala Coral, home of bingo halls and a chain of bookmakers, is in the middle of […]
FRANKFURT (Reuters) – The field of bidders for Germany’s second-largest generic-drug maker Ratiopharm will be narrowed to one or two contestants this week, people familiar with the auction told Reuters on Monday. A takeover contract for Ratiopharm, which is being sold to ease the debt burden of its owner, could be drawn up by the […]
Apax Partners plans to sell five million shares of common stock in Rue21 (Nasdaq: RUE), a Warrendale, Penn.-based youth clothing retailer, via a secondary public offering. Apax would still hold nine million shares following the offering, which represents more than a 37% ownership stake. Rue21 went public last November at $19 per share, and closed […]
TOKYO (Reuters) – Shinsei Bank (8303.T) and Aozora Bank (8304.T), the two Japanese banks owned by overseas investors, have decided against a merger in October as planned, because they could not agree on a business strategy, the Nikkei newspaper said on Saturday. Shinsei wants to expand its retail banking business, which includes consumer finance, while […]
NEW YORK (Reuters) – Buyout house Terra Firma Capital Partners Chairman and Chief Executive Guy Hands proposed three months ago to break up music company EMI Group Ltd, court documents filed on Friday show. Hands made the proposal in a letter to Chad Leat, head of the alternative asset group at Citigroup Inc (C.N), Terra […]
NeuroTherm, a Wilmington, Mass.-based medical device maker focused on interventional pain, has acquired certain assets of neurodiagnostic accessory maker Technomed Europe. No financial terms were disclosed. NeuroTherm is a portfolio company of The Cortec Group.