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Sovereign, buyout funds take tentative steps in Russia

Major private equity and sovereign wealth funds on Thursday took tentative first steps to invest in Russia.


Australia's Billabong to raise A$225 mln, cuts guidance

Australian surfwear company Billabong International is selling stock to existing shareholders to raise A$225 million.

KKR puts $1.8 bln Bis Industries up for sale - sources

U.S. buyout firm KKR & Co has put up for sale Bis Industries Ltd U. S. buyout firm KKR & Co has put up for sale Bis Industries Ltd, valued at around $1.

China to allow private investment in utilities -Xinhua

China will open up its public utilities to private investment as part of the current privatisation drive to bolster economic growth.


Latest News

Bids, mergers, acquisitions and disposals involving European, U.S., Canadian and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.
Corporate Office Properties Trust (COPT) (NYSE: OFC) announced the pricing of its public offering of 6,000,000 of its 7.375% Series L Cumulative Preferred Shares with a liquidation preference of $25.00 per share.
Embattled U.S. truck and engine maker Navistar International Corp drew a line in the sand with activist investors on Wednesday by adopting a poison pill aimed at keeping outsiders from gaining a stake of 15 percent or more.
Thiel starts Mithril Capital with $402 mln fund. With the founding of Mithril Capital Management, investor and Pay Pal co-founder Peter Thiel is setting his sights on another investment strategy: growth venture-capital.
JPMorgan amended its offer to shareholders of Technicolor. JPMorgan amended its offer to shareholders of Technicolor, the troubled French digital video specialist, to outpace a rival bid by private equity investor Vector Capital.
China's CITIC Securities has received regulatory approval to launch the country's first domestic buyout fund.
U.S. private equity firm Sun Capital Partners has appointed Morgan Stanley to sell DBApparel. U. S. private equity firm Sun Capital Partners has appointed Morgan Stanley to sell DBApparel, the maker of Wonderbra, Dim and Playtex lingerie, in a deal that could fetch more than 600 million euros ($761 million), French daily newspaper Les Echos said on Wednesday, citing unidentified sources.
SVB Financial Group's banking unit Silicon Valley Bank said it plans to lend $100 million to the Irish innovation sector.
Rupert Murdoch's News Corp (NWSA.O) made a $2 billion takeover offer for Australia's Consolidated Media Holdings (CMJ.AX) on Wednesday.
KKR has reached a first close of $3 billion for its $6 billion Asian fund. KKR & Co LP is setting up its first deals team in Singapore as the U. S.