Rothschild banking dynasty agreeing to buy a stake in the Rockefeller group's wealth and asset management business to get a long-sought foothold in the United States.
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Pep Boys sale to PE firm canceled
Automotive parts and service chain Pep Boys-Manny, Moe & Jack (PBY.N) said the sale of the company to private equity firm Gores Group has been called off.
GIC, Canada fund among bidders for $1.4 billion Kyobo stakes: sources
Government of Singapore Investment Corp (GIC) and Canada's Ontario Teachers Pension Plan are among final bidders to buy stakes in South Korea's unlisted Kyobo Life Insurance.
Equatorial mulls bid for Brazil's Celpa-sources
A leading Brazilian private-equity fund that controls local electricity utility Equatorial Energia is considering bidding for debt-laden power distributor Celpa.
Analysis: Investors may be stoking the volatility they fear
Long-term investors fearful of another global financial storm may be better prepared than they were before Lehman Brothers went bust in 2008, but their increasingly nervous disposition could itself be making markets more fragile.
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GP Investments sold Fogo de Chão Churrascaria Holdings for $400 million to U.S. buyout firm Thomas H. Lee Partners.
Defense equipment manufacturer Teledyne Technologies Inc (TDY.N) said it would buy LeCroy Corp (LCRY.O) for $240.5 million.
Pumps and fluid-handling products maker Colfax Corp (CFX.N) said it bought a majority stake in welding product supplier Soldex S.A. (SDC.LM) for $235 million.
Opera Software would cost Facebook over $1 billion as competition from Google and others could push up the price tag.
Fiat and Ferrari's corporate parent Exor opted to pass because the price was too high. Fiat and Ferrari's corporate parent Exor mulled an investment in motor racing company Formula One before its initial public offering, and opted to pass because the price was too high, Chairman and CEO John Elkann said on Tuesday.
The head of Actis' Singapore office, Gary Addison, has left the emerging markets private equity firm after four and a half years
European pension funds plan to withdraw more money from stock markets to avoid rising volatility and almost 70 percent of firms with exposure to peripheral euro sovereign bonds plan even more reductions.
British drinks group Diageo (DGE.L) is buying a maker of Brazil's most popular spirit, cachaca, for about 300 million pounds ($469 million).
German real estate group Deutsche Wohnen (DWNG.DE) said it has agreed to buy a real estate portfolio valued at about 1.24 billion euros ($1.55 billion) from Barclays (BARC.L).
