Henry Ong and Jasson Han have joined the Hong Kong office of law firm Weil, Gotshal & Manges LLP as a partner and partner-level senior consultant, respectively. They previously were with Simmons & Simmons.
NEW YORK (Reuters) – Vitamin Shoppe Inc (VSI.N) priced shares in its initial public offering above expectations and became the first retailer in two years to go public, while home health care provider Addus Home Care Corp’s (ADUS.O) IPO priced below estimates but was increased in size. Vitamin Shoppe sold 9.1 million shares for $17, […]
(Reuters) – U.S. private equity firm Blackstone Group (BX.N) has opened discussions with lenders to slash up to $5 billion in debt held by its unit Hilton Hotels, the Wall Street Journal said, citing people familiar with the matter. Blackstone is mulling injecting $800 million of fresh equity to buy back the debt at a […]
LONDON(Reuters) – British Gas owner Centrica Plc (CNA.L) said on Wednesday it will sell a 50 percent equity stake in three wind farms to the US-based investment management company TCW for 84 million pounds in cash ($138 million). Centrica is selling the stake in its Lynn, Inner Dowsing and Glens of Foudland wind farms and […]
Madison Capital Partners has acquired the Filtran business unit of SPX Corp. (NYSE: SPW), for an undisclosed amount.
Imperial Capital has opened a new office in Boston. It will be staffed by Chip Mellen and Diana Knightly, who are both joining as managing directors of high yield sales.
General Atlantic has agreed to invest $150 million into Quality Technology Services, a Suwanee, Ga.-based provider of data center facilities and managed services. Morgan Stanley advised QualityTech on the deal.
SAO PAULO (Reuters) – Shareholders of Brazil’s Cetip (CTIP3.SA) raised 881.4 million reais ($508.01 million) in an initial public offering on Monday, underscoring a strong rebound in the country’s capital markets and demand for emerging market stocks. The company, formally known as Cetip SA Balcao Organizado de Ativos e Derivativos, said its shareholders sold 67.8 […]
TOKYO (Reuters) – Private equity firm The Carlyle Group said it would buy Broadleaf Co, a Japanese maker of software for car maintenance facilities, in a 19.5 billion yen ($212 million) management buyout. Carlyle will take a 100 stake in the company from precision equipment firm Olympus Corp (7733.T) and its affiliate ITX Corp (2725.OJ), […]
Integrated A/V Systems LLC, a Houston-based portfolio company of Rock Hill Capital Group, has acquired a majority stake in Creative Presentations Inc., a New Orleans-based A/V integrator. No financial terms were disclosed.