LONDON, April 16 (Reuters) — U.S. fashion company Tommy Hilfiger, owned by private equity firm Apax Partners [APAX.UL], will look again at a flotation at the end of 2009, its Chief Executive Fred Gehring said on Wednesday. The brand, spanning women's, men's and children's wear to watches and accessories, in January shelved plans for a […]
Central European Media Enterprises Ltd (CME) is to acquire two Romanian radio stations for US$20.9m (RON 47.2m). CME is buying the two assets – news and entertainment channels Pro FM and Info Pro, from Compania de Radio Pro s.r.l. NASDAQ and Prague-listed CME operates six television networks in Romania, as well as, Croatia, Czech […]
GreenLine Foods, a provider of fresh-trimmed, microwaveable packaged green beans, has acquired HerbThyme Farms, a grower and distributor of fresh herbs in the U.S. No financial terms were disclosed. GreenLine is a platform portfolio company of The Riverside Company. PRESS RELEASE The Riverside Company has a well-seasoned recipe for success: Buy companies at the […]
3i Group has closed its Indian infrastructure fund with $1.2 billion in capital commitments. PRESS RELEASE 3i Group plc (“3i”), a leading global private equity firm, has announced it has raised US$1.2 billion for its 3i India Infrastructure Fund (“the Fund”), exceeding the US$1 billion target by 20%. The Fund, established to apply […]
CVC Capital Partners has raised $4.1 billion for its third Asia-Pacific fund. It had raised around $1.98 billion for its second Asia-Pacific fund in 2005. PRESS RELEASE CVC Capital Partners (“CVC”) today announces that it has successfully raised US $ 4.1 billion from a range of both international institutional investors and high net worth […]
Pam Patsley has joined Advent International as a Boston-based operating partner, focused on opportunities in the financial services, payments and transaction processing sectors. She has spent the past seven years with First Data Corp., most recently as president of first Data International. Read more
MTM Laboratories, a German maker of in-vitro devices for early detection and diagnosis of cervical cancer, has raised EUR 9.6 million in additional Series C funding. This brings the round total to EUR 31.6 million. NTEC, the direct VC investment affiliate of Kuwait Investment Authority, contributed EUR 2.25 Million to this new tranche, while HBM BioVentures […]
Philip Moyles has joined Stone Point Capital as a senior advisor. He previously was with Marsh Inc. as executive VP and CEO of the Americas. PRESS RELEASE Stone Point Capital, the manager of the Trident Funds, announced that Philip V. Moyles, Jr. has become a Senior Advisor. He will work closely with the […]
Partners Group, a Switzerland-based alternative assets manager, has opened an office in Luxembourg. It will be run by Jerry Ludig, who previously was with HSBC Securities. www.partnersgroup.net
Legend Capital yesterday closed its fourth fund with $350 million in capital commitments. The Beijing-based firm focuses on early-stage VC and mid-market growth equity opportunities in China. Its typical investment size is between $5 million and $20 million. www.legendcapital.com.cn