Archives
Russia's MegaFon closes in on $4 billion London IPO
MegaFon has asked its local regulator for permission to list its shares in London. MegaFon, Russia's second-largest mobile phone operator, has asked its local regulator for permission to list its shares in London for what would be the world's biggest initial public offering since Facebook's (FB.
Blackstone invests $43.69 mln in Indian fragrance maker
The Blackstone Group LP has invested 2.43 billion rupees ($43.69 million) to buy a significant minority stake in unlisted Indian fragrance maker SH Kelkar & Company.
CVC faces $1.8 bln loss on Australia's Nine as lenders circle
Private equity firm CVC Capital Partners faces a possible A$1.8 billion ($1.84 billion) loss on its investment in Australia's Nine television network.
IRS warned, but did not act on tax strategy for private equity
U.S. tax authorities took no formal action after launching a probe five years ago of tax strategies used by private equity managers.