Buyout firms KKR & Co LP (KKR.N) and Clayton, Dubilier & Rice LLC (CD&R) have teamed up to take PetSmart Inc (PETM.O) private for more than $7.5 billion, people familiar with the matter said on Tuesday, as the auction for the pet food retailer heats up.
General Electric Co (GE.N) said it has signed a definitive agreement to sell its appliance business to Electrolux AB (ELUXb.ST) for $3.3 billion.
Neustar Inc, a company which helps North American telecommunication carriers route calls and text messages, is considering a potential sale amid interest from private equity firms, according to people familiar with the matter.
AdsNative has raised USD2 million in seed funding to be used for its technology expansion, reported TechCrunch.
Varun Beverages planned to invest USD300 million for a business expansion in South Asia and Africa, reported Ventures Africa.
Three banks have offered a bridge loan for the acquisition of Singapore's Overseas-Chinese Banking Corp Ltd. over Wing Hang Bank, reported Reuters citing sources familiar with the matter.
NVM Private Equity has invested £7 million for the management buyout of No. 1 Traveller, an airport hospitality specialist, a statement about the funding said.
Perth, Australia-based gold explorer Orinoco Gold entered an agreement to acquire the 70% stake of gold and silver producer Troy Resources in a gold mine in the Sertao gold mine located in Brazil.
Redwood City, California-based cloud contact center and customer solutions provider LiveOps Inc has purchased UserEvents and its product called CxEngage. The acquisition enables LiveOps to enhance its Cloud Platform.
New York-based television agency Peleton Entertainment bought Todd Berger's consulting firm Creative Media for an undisclosed amount to expand into animation, branded entertainment, and feature film.
Brussels, Belgium-based chemical firm Solvay SA offered to buy Pennsylvania, US-based conductive polymer maker Plextronics Inc in a $32.6-million deal amid a Chapter 11 filing by the latter.
The board of Texas, US-based games and restaurant chain Chuck E. Cheese's approved its acquisition by an affiliate of investor Apollo Global Management in a $950-million leveraged buyout deal.
UK oil engineering company Amec Plc has agreed to buy Foster Wheeler for $3.2 billion, paving the way for Amec to expand operations overseas, Bloomberg reported.
UK's Cineworld Group will acquire Polish movie theater chain Cinema City International for a little over £500 million, becoming the new cinema mogul in Europe. If the deal pushes through, Cineworld will have 201 cinemas with 1,852 screens.
Pay-TV network operator Dish Network Corp. is aborting its bid for bankrupt telecom firm LightSquared Inc. Dish Network initially offered to buy LightSquared and its wireless spectrum for $2.2 billion.
Subscribe to VCpost newsletter
- Energy, tech shares lead Wall Street higher at open
- China says U.S. appropriations bill violates rules, sends bad signal
- Sony Pictures warns staff on fraudsters misusing stolen data
- Chinese developer Dalian Wanda seen pricing HK IPO in top half-IFR
- Sony hacking highlights challenge to CEO Hirai's 'One Sony' vision
- Volvo to launch online car sales in marketing shift
- U.S. factory production accelerates in sign of economy's strength
- IMF says Argentina meets targets for more accurate data