The U.S.-based Carlyle Group sold all of its remaining shares in India's HDFC for $831 million on Thursday night, making it the country's fourth larges equity deal for the year, Reuters repored.
Deals
German Retailer Douglas Receives Go-Private Offer
After months of negotiations, the German retailer Douglas Holding, which is known throughout Europe for its perfumeries, jewelry and book stores, is well on the road to going private. The Wall Street Journal reported on Monday that the company's founding family has joined private equity firm Advent International in a takeover offer.
Billionaire Larry Ellison Rumored to Bid on AEG Sports and Entertainment Empire
The third richest man in America and the sixth richest billionaire in the world, Oracle founder and CEO Larry Ellison, is interested in bidding on the Anschutz Entertainment Group (AEG) sports and entertainment empire, Reuters reported this morning based on two inside sources.
HouseTrip Raises $40 Million from European Investors
The London-based HouseTrip, which allows users to rent out their homes while they're away, raised $40 million in its third-round of funding, from Europe's three largest venture capital firms.
Australia's Ingham Chicken Enterprises Looks Tasty to Big Private Equity Firms
Reuters reported today that big private equity firms will bid for Ingham Enterprises, Australasia's largest poultry producer, according to confidential sources.
Latest News
Mitsubishi UFJ Lease is Buying U.S.-based Jackson Square Aviation from Oaktree Capital Group for approximately $130 billion.
China's 7 Days Group Holdings, owner of the country's second largest hotel chain, received a buyout offer to go private last week from a consortium that includes the Carlyle Group, Sequoia Capital China and the company's co-chairmen Boquan He and Nanyan Zheng.
Reuters reports the merger and acquisition deals of the day. (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: Two former top aides to Canadian Prime Minister Stephen Harper said on Thursday he should approve a $15.
The Carlyle Group continues to diversify; announcing yesterday that it would buy a majority stake in New York-based Vermillion Asset Management which will reportedly become its exclusive commodities trading platform.
The largest metals service center in North America, Reliance Steel & Aluminum Co., announced that effective Oct. 1 it had acquired all outstanding limited liability company interests of the privately held Sunbelt Steel Texas, LLC.
Best Buy Co Inc founder Richard Schulze and at least four private equity firms have started examining the books of the world's largest consumer electronics chain, in early steps toward what could become a potential $11 billion buyout, according to people familiar with the matter.
For the first time in over 20 years, a US president has blocked a foreign investment, citing security concerns.
The Associated Press reported today that on Tuesday brothers Zev and Jeffrey Weiss, made an offer to buy its 33.8 million outstanding shares of common stock, valued at approximately $581 million.
Sidewinder Drilling Inc plans to buy Union Drilling Inc for $139 million. Sidewinder Drilling Inc, controlled by private equity firm Avista Capital Partners, plans to buy Union Drilling Inc for $139 million to tap into rising exploration and production activity in North American shale fields.
