Sovereign wealth fund Kuwait Investment Authority (KIA), money manager BlackRock Inc (BLK.N), and twenty other cornerstone investors will buy around 62 percent of Malaysian firm IHH Healthcare's up-to-$2 billion IPO.
Archives
Microsoft nears deal to buy Yammer: source
Microsoft Corp is close to buying business software company Yammer Inc for more than $1 billion. Microsoft Corp is close to buying business software company Yammer Inc for more than $1 billion, according to a source familiar with the details.
U.S. companies started spending their stored cash
According to a report from Federal Reserve, total corporate cash stored at the end of last year declined nearly $500 billion.
China pension fund returns tumble in 2011 on sluggish markets
China's National Social Security Fund (NSSF) saw its annual investment return tumble to 0.8 percent last year, from 4.2 percent in 2010.
U.S. buyout firms eye stake in Australia's Pact-sources
U.S. buyout firms Blackstone Group, Carlyle Group and KKR & Co are talking to banks on potential bids for about half of Australia's Pact.
Latest News
Private equity investors have found another way to get into the growing U.S. exchange traded fund (ETF) market: investing in firms that manage ETF portfolios.
Nokia has agreed terms for EQT VI, part of the leading private equity group in Northern Europe, to acquire Vertu.
Trucking company Arkansas Best Corp will buy Panther Expedited Services from private equity firm Fenway Partners for $180 million including debt .
Venture-capital firm Kleiner Perkins Caufield & Byers asked a California state court on Wednesday to dismiss a discrimination lawsuit by partner Ellen Pao.
EU antitrust regulators are expected to set out their objections to Universal Music Group's $1.9 billion bid for rival EMI's recorded music unit in the coming days.
British oil firm Cairn Energy (CNE.L) said it agreed to buy UK-focused Nautical Petroleum (NPE.L) for 414 million pounds.
Danish wind turbine maker Vestas Wind Systems (VWS.CO) is to sell a tower factory in Denmark to Chinese group Titan Wind Energy 002531.SZ for an undisclosed sum.
Asia private equity fund Unitas Capital said on Wednesday it will invest $162.4 million on a significant minority stake in South Korea's NEPA Company Ltd.
Starved of finance from hard-pressed banks, private equity firms in Europe are sounding out yield-hungry pension funds, insurers and sovereign wealth funds as alternative sources of the finance they need to do deals.
