Investor George Soros took a large long position in Herbalife stock. George Soros, a billionaire investor, purchased a majority stake in nutritional supplement company Herbalife Ltd stated a source with knowledge on the matter on Wednesday.
Investors
Aurora Capital Group exits ADCO Global
Aurora Capital Group announced that it had completed the sale ADCO Global, Inc. to another private equity firm Arsenal Capital Partners.
Michael Dell’s proposed vote changes gets rejected by special committee
Michael Dell and Silver Lake's request to alter voting rules for their USD24.4 billion takeover deal was rejected by the company's special committee.
Credit Suisse to exit private equity unit
Sources said that Credit Suisse Group AG had been in talks with Grosvenor Capital Management LP to sell its Customized Fund Investment Group.
Envision Healthcare Holdings announces IPO launch
Today, Envision Healthcare Holdings announced launching its initial public offering that is priced between USD20 andUSD23.
Latest News
Asian law firm King & Wood Mallesons agreed to merge with London-based SJ Berwin. King & Wood Mallesons, one of the largest law firms in Asia, agreed to merge with SJ Berwin effective November 1.
Energizer Holdings planned to acquire Johnson & Johnson's feminine care line for US$185 million.
New and existing investors brought up Earlybird's total capital to EUR 650 million. Berlin-based Earlybird Venture Capital posted the EUR 150 million (US$200 million) final closing of the company's fourth early stage fund earlier today.
Private equity firm KKR finalized its purchase of ReSearch Pharmaceutical Services from Warburg Pincus.
Pershing Square Capital shareholder William Ackman unveils the finalization of its purchase of Air Products & Chemicals.
Investment firms Cedar Fund and Innovation Endeavors invested in marketing technology specialist Datorama.
Venture capital fund Ascension Health Ventures backs healthcare technology innovator Quantros. Healthcare technology provider Quantros announced earlier today that it has received an investment from Ascension Health Ventures (AHV).
Test prep industry leader Kaplan acquires Grockit's learning platform and assets. International test prep service provider Kaplan announced earlier that it has purchased the social learning platform and test prep assets of Grockit for an undisclosed amount.
The Abraaj Group exits its HFC Bank investment after signing an agreement with Republic Bank Limited.
