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Australia's Pacific Brands says no offer from KKR

Australian underwear manufacturer Pacific Brands (PBG.AX) said takeover talks with suitors including KKR & Co (KKR.N) have ended without an offer being made, sending its shares down nearly 10 percent, as the dour retail outlook put off buyers.


Factbox: Early Facebook backers and their bets today

Facebook's earliest venture-capital backers, especially at once-downtrodden outfit Accel Partners, will have reason to celebrate come Friday when the world's biggest social network is set to debut on the Nasdaq at as much as a $100 billion valuation.

Deals of the day -- mergers and acquisitions

bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Monday.

Obama to attend private equity executive's fundraiser

President Barack Obama is due to attend a fundraiser hosted by one of private equity's leading lights on Monday evening.


Latest News

Picarro has been named a winner in TiE Silicon Valley’s prestigious 2012 TiE50 Awards for technology startups.
International business school leaders Steven C. Currall and Wendy Beecham will be available to meet with reporters by telephone or in person when they visit several of China’s major cities May 15-21.
AltoBeam has successfully closed a 6 million US dollars round of Series D funding, led by US Venture Partners (USVP).
FPC launches its new and further enhanced version of the FPC1011F, the by far most deployed silicon-based area sensor in China.
UC Funding has closed an $8.7 million bridge loan on the Garrison Apartments located in Marietta, GA. The loan was used to acquire and renovate the property.
Ally Financial Inc's mortgage unit on Monday filed for bankruptcy and the auto lender said it will sell some international operations to help it get on a path to repaying $12 billion in bailout money.
Russia-focused private equity firm Baring Vostok will invest $50 million into Tinkoff Credit Systems (TCS).
Security firm G4S is preparing to sell a large part of its Danish operations in a deal that is expected to be worth more than 1 billion Danish crowns ($174.
China Yongda Automobiles Services has launched its Hong Kong initial public offering, aiming to raise as much as HK$3.37 billion ($434 million).
Concho Resources Inc (CXO.N) said it would buy all of the oil and natural gas assets of Three Rivers Operating Company LLC, a portfolio company of private equity firm Riverstone Holdings LLC, for $1 billion in cash.