The sale of Bausch and Lomb can either be a private one or through an IPO. The initial public offering of iconic eyewear company Bausch and Lomb would be headed by three well-known banks.
Deals
British Luxury Brands Exploring Partnership in India
Jaguar and Land Rover exploring deal with Tata Motors to manufacture vehicles in India. Jaguar Land Rover, one of Britain's most exclusive car brands, is said to be doing its due diligence as to the possibility of manufacturing its luxury cars in India.
Warburg Pincus Taps Advisers to Lead Bausch & Lomb IPO
Warburg has been looking forward for the sale of eye care company Bausch & Lomb as it selected JPMorgan Chase, Citigroup, and Bank of America Merrill Lynch to the IPO.
A1 to Form Consortium for CEDC Revamp
A, the venture capital unit of Russia's Alfa Group, has expressed interest in forming a group to restructure troubled Central European Distribution Corp.
ABRY Raises Stake in Datapipe
ABRY has been raising its stake in data center provider Datapipe as it makes investments out of its private equity fund.
Latest News
Comark Stores up for sale. Canada's leading apparel chain, Comark is being offered for sale. Included in the sale are Ricki's, Bootlegger, and cleo stores and the price tag can reach up to US$400 million.
Potential bidders are coming up with a deal to acquire assets of Anschutz Entertainment Group. Sports and retail estate company Anschutz Entertainment Group (AEG) is set to come up with a deal from potential bidders including Patrick Soon-Shiong, Guggenheim Partners LLC and Colony Capital LLC, according to people familiar with the matter.
Ithaca buys out Valiant for GBP203 million in cash and stocks. In an effort to boost its North Sea oil output, Ithaca Energy Inc has purchased Valiant Petroleum Plc for GBP203 million or US$308.
3i management under fire for current dismal performance of the company. 3i, after the purchase of shares that increased Richard Bramson's stake in the private equity group, is under fire for the current strategy undertaken to bring it out of the doldrums.
William Hill Buys out Playtech for online betting business. For the price of GBP424 million or US$643 million, William Hill is taking full control of its online business.
AEG is being sold off and buyers are being selected. A list of potential buyers for Anschutz Entertainment Group has been drawn up by Phil Anschutz. Sources familiar with the negotiations told Reuters that the negotiations can be concluded for the sports and real estate empire within the next few weeks.
Disney and News Corp are in discussions as to the future of Hulu.com Discussions are now ongoing for the control of Hulu. com, the website partners News Corp and Walt Disney Co currently co-own.
Ithaca Energy and Valiant Petroleum have reached agreement wherein the former will buy the latter in 203 million pound deal.
The consortium, which is under the control of Carlyle Group, and its company management have reached a deal to make Chinese economy hotel chain 7 Days Group Holdings Ltd. private for $688 million.
