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.
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Arkansas Best to buy logistics company Panther
Trucking company Arkansas Best Corp will buy Panther Expedited Services from private equity firm Fenway Partners for $180 million including debt .
Venture firm Kleiner moves to dismiss discrimination suit
Venture-capital firm Kleiner Perkins Caufield & Byers asked a California state court on Wednesday to dismiss a discrimination lawsuit by partner Ellen Pao.
EU objections to Universal/EMI deal in coming days -source
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.
Cairn buys second North Sea firm in $644 million deal
British oil firm Cairn Energy (CNE.L) said it agreed to buy UK-focused Nautical Petroleum (NPE.L) for 414 million pounds.
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Have you ever heard of the richest man in Africa? Compared to Bill Gates or Warren Buffett, construction tycoon and the richest man in Africa, Aliko Dangote, is not that well known.
At Apple’s WWDC on Monday, Apple revealed its map service for iOS6 and some features like 3D view.
The Islamic Development Bank (IDB) is partnering with Dutch asset manager Robeco to launch a $600 million food and agriculture fund to invest in projects that promote steady food supply.
China's insurance regulator is expected soon to announce policies expanding and diversifying insurers' investment scope.
Bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.
Goldman Sachs (GS.N) said on Tuesday it had rehired veteran banker Mark Schwartz in the role of chairman of its Asia Pacific unit.
Sagard Capital Partners agreed to buy healthcare services provider IntegraMed America Inc for $169.5 million.
Private equity group Apax Partners has led a deal to buy software group Paradigm. Private equity group Apax Partners has led a deal to buy software group Paradigm, which sells its technology to oil and gas explorers and producers, for a about $1 billion in cash.
The private equity arm of Canadian pension fund OMERS said on Monday it will buy Lifeways. The private equity arm of Canadian pension fund OMERS said on Monday it will buy Lifeways, a British provider of services for adults with learning disabilities, from private equity firm August Equity, saying it sees great scope for expanding supported living services in Britain.
