Sources said KKR agreed to buy 63% in Australian healthcare operator GenesisCare. Sources told Reuters that private equity firm Kohlberg Kravis Roberts & Co (KKR) had approved a stake purchase in GenesisCare.
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Clayton Dubilier to raise USD3 billion for buyout fund
Clayton Dubilier & Rice LLC had raised a total of USD3 billion for its ninth investment pool said sources who were familiar with matter.
Paulson says clock ticks on a possible Cablevision sale
Cablevision Systems shares jumped to 42% within an eight week period after speculations on a possible sale heated up and shareholders Paulson & Co. and Gamco Investors Inc. said that a sale is likely.
Corruption trial showcases pervasive corruption in China
The corruption trial of former politician Bo Xilai showcased the extent and pervasiveness of corruption in China.
Two incidents show vulnerabilities of American trade markets
The recent NASDAQ shutdown showed to all the vulnerabilities of the US Stock Market. The recent technological breakdowns have exhibited the vulnerability of the US stock market to these kinds of issues and glitches.
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Maple Leaf Foods said it would be selling Rothsay, its rendering and biodiesel business, to Darling International for CAD 645 million.
Ex-SAC Capital fund manager Mathew Martoma was charged with insider trading after having received tips from a source identified as "Doctor-2".
The UK government announced to float Royal Mail, a 360 year old postal service company, next month and launch initial public offering by October.
Barclays Bank of Kenya signed a financing deal with the African unit of British oil explorer Marriott Drilling worth USD 13 million.
Taulia raised USD18 million in Series C funding led by Germany's Klaus Hommels among others. In a bid to expand to Europe and develop products and personnel, the company had raise USD18 million in Series C funding.
Taulia Inc scored a total of USD 18 million for its Series C round led by Lakestar. San Franciso, California-based Taulia Inc bagged USD 18 million for its Series C round.
Air strike exchanges between Israel Defense Forces (IDF) and the Palestinian Front for the Liberation of Palestine had hinted more violent exchanges.
KV Asia Capital raised USD 263 million for Fund I. Singapore-based private equity firm KV Asia Capital said that it was able to raise capital commitments worth USD 263 million for its first fund.
Harbert Management Corp announced that the interim closing of Harbert Power Fund V so far raised USD 200 million.
