Rothschild banking dynasty agreeing to buy a stake in the Rockefeller group's wealth and asset management business to get a long-sought foothold in the United States.
Deals
BTG Pactual buys minority stake in Brazil's Leader
The private-equity unit of Brazilian investment banking powerhouse BTG Pactual (BBTG11.SA) agreed to buy a minority stake in local apparel retailer Leader Participações.
Pep Boys sale to PE firm canceled
Automotive parts and service chain Pep Boys-Manny, Moe & Jack (PBY.N) said the sale of the company to private equity firm Gores Group has been called off.
GIC, Canada fund among bidders for $1.4 billion Kyobo stakes: sources
Government of Singapore Investment Corp (GIC) and Canada's Ontario Teachers Pension Plan are among final bidders to buy stakes in South Korea's unlisted Kyobo Life Insurance.
Equatorial mulls bid for Brazil's Celpa-sources
A leading Brazilian private-equity fund that controls local electricity utility Equatorial Energia is considering bidding for debt-laden power distributor Celpa.
Latest News
Defense equipment manufacturer Teledyne Technologies Inc (TDY.N) said it would buy LeCroy Corp (LCRY.O) for $240.5 million.
Pumps and fluid-handling products maker Colfax Corp (CFX.N) said it bought a majority stake in welding product supplier Soldex S.A. (SDC.LM) for $235 million.
Opera Software would cost Facebook over $1 billion as competition from Google and others could push up the price tag.
Fiat and Ferrari's corporate parent Exor opted to pass because the price was too high. Fiat and Ferrari's corporate parent Exor mulled an investment in motor racing company Formula One before its initial public offering, and opted to pass because the price was too high, Chairman and CEO John Elkann said on Tuesday.
British drinks group Diageo (DGE.L) is buying a maker of Brazil's most popular spirit, cachaca, for about 300 million pounds ($469 million).
German real estate group Deutsche Wohnen (DWNG.DE) said it has agreed to buy a real estate portfolio valued at about 1.24 billion euros ($1.55 billion) from Barclays (BARC.L).
News and developments in Asia private equity from Reuters News for the week ending May 25. News and developments in Asia private equity from Reuters News for the week ending May 25.
Glencore will this week move into the final stage of its long-awaited $30 billion takeover of miner Xstrata
Goldman Sachs (GS.N) is considering selling off Swedish oil group Svenska Petroleum Exploration in chunks, the Independent on Sunday reported.
