Leveraged Buyouts

Chefs' Warehouse acquires Chicago's Allen Brothers for $29.9 million

Chicago steak and seafood supplier Allen Brothers has been sold to publicly-traded specialty food products distributor Chefs' Warehouse Inc. for $29.9 million. Under the deal, Chefs' Warehouse will be paying $20 million in cash and $9.9 million in debt.

Read Full Article

JG Summit completes stake acquisition in the Philippine's largest power firm

Philippine-based JG Summit Holdings Inc has completed its buyout of San Miguel Corp's 27% stake in power distribution company Manila Electric Co (Meralco) for PHP72 billion.

Read Full Article

Manhattan-based Wasserstein & Co completes acquisition of Globecomm Systems

Manhattan-based private equity and investment firm Wasserstein & Co completed its $340-million purchase of Hauppauge-based satellite communications systems provider Globecomm Systems.

Read Full Article

Report says Anheuser-Busch InBev begins talks to buyback South Korea's Oriental Brewery

The New York Times said private equity investors of Oriental Brewery in South Korea could stand to gain a 34% annualized return on their original investment of the brewery.

Read Full Article

Top deals of the day - bids, mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported on Wednesday, including Fortum, National Vision, Saipem, CTT, MTS, Southern Pacific, Warrnambool, Verbund, Bakkafrost, Popular and Marathon Oil.

Read Full Article

KKR, Carlyle vie for optical retailer National Vision -sources

KKR & Co LP and Carlyle Group LP are competing for National Vision Inc, the fourth-largest U.S. retailer of eyeglasses and contact lenses, in an auction that could fetch up to $1 billion, people familiar with the matter said this week.

Read Full Article

After failure to dispose Freedom Group, Cerberus offers investors opt-out strategy

After failing to dispose of Freedom Group, private equity firm Cerberus Capital Management has proposed to buy out shares of investors who want to exit their investments in the gunmaker.

Read Full Article

Verizon to vote on USD130 billion Vodafone wireless deal early next year

Verizon Communications Inc. in September said that it will acquire Vodafone Group's 45% stake in their wireless joint venture. The American telco has set a shareholder meeting on January 28 to get investor approval for the deal.

Read Full Article

Hellman & Friedman acquires controlling stake in Scout24 for €700M in debt financing

Britain's Barclays PLC, Japan's Nomura and the Royal Bank of Canada are leading the loan financing for Hellman & Friedman LLC's buyout of Scout24. The classified advertising business will be bought for EUR700 million in debt funding.

Read Full Article

Apax targets $300M for Israel's first buyout fund

Israel-based global buyout firm Apax Partners is planning to raise USD300 million for the country's first private equity fund dedicated to mid-market buyouts, sources familiar with the matter said.

Read Full Article

Australia's Westpac gets approval for Lloyds acquisition

Westpac Bank has received approval from the Australian Competition and Consumer Commission to purchase the Australian assets of Lloyd's Banking Group for USD1.45 billion.

Read Full Article

Instant noodles maker Tingyi mulls over strategic acquisitions in instant food

According to Tingyi Holding Corp Chief Financial Officer Frank Lin, his company could form more corporate alliances or strategic purchases next year in mainland China.

Read Full Article

Gerresheimer drops out of bidding for Rexam's healthcare packaging business

German medical supplies manufacturer Gerresheimer on Wednesday confirmed that it is no longer vying for UK-based Rexam's healthcare packaging unit. The company said the healthcare business did not fulfill its acquisition requirements.

Read Full Article

Google bought 7 robotics firms for Andy Rubin to compete with Amazon

Google acquired seven robotics firms in the past six months to create manufacturing and logistics robots for a project under Android founder Andy Rubin to compete with Amazon's flying delivery drones.

Read Full Article

Sony and Renesas to start talks on chip plant acquisition

Japanese electronics conglomerate Sony Corp. may spend JPY10 billion on a chip plant it intends to buy from Renesas Electronics Corp. Sony is reportedly increasing its chip output to boost its profits.

Read Full Article
1 2 3 4 5 6 7 8 9 10  

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics