Private equity firm CVC Capital Partners CVC. UL will cut its ownership stake to about 30 percent in the Formula One motor racing business after the company's up to $3 billion IPO by selling shares on the public market, sources said on Thursday.
Regions
US IRS preps for potential private equity tax hike
U.S. tax regulators are preparing for a potential tax hike on profits earned by private equity managers .
Talbots deal on hold, no deal yet
Shares of Talbots Inc (TLB.N) plunged as much as 39 percent on Friday after exclusive negotiations with Sycamore Partners ended without an agreement
Carlyle's hope to exit Taiwan bank for profit fades
Yuanta Financial (2885.TW) has pulled out of talks on a deal worth up to $1.25 billion to buy Carlyle Group-backed Taiwanese bank Ta Chong.
Asia private equity funds line up dollars for Myanmar
Asia private equity funds line up dollars for Myanmar Hong Kong's Cube Capital and Marc Faber-backed Leopard Capital are among Asian private equity firms lining up nearly $500 million aimed at Myanmar, hoping to tap into its rich natural resources and fill its infrastructure void, as sanctions on the former pariah state are lifted.
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Bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.
Growth capital and buyout funds from the wealthy Gulf Arab region are being drawn towards Turkey's stable and growing economy.
Euro Zone officials told members to prepare contingency plans in case that Greece exit euro zone, according to Reuters.
China faces "invisible impediments" to investing in some parts of Europe, with Europeans nervous about allowing it to move into sectors such as nuclear power, a senior official at China's sovereign wealth fund said on Tuesday.
China is rolling out sweeping brokerage reforms to nurture future global investment banks that officials hope could eventually compete with the likes of Goldman Sachs and Morgan Stanley, a regulatory document showed.
The owners of Getty Images Inc, the largest supplier of stock photos, video and other digital content, have retained bankers to examine a possible sale or public offering of the business, a person close to the matter said Tuesday.
European scientists are testing robot “fish” which can detect pollutant at the Northern Spanish port of Gijon on Tuesday, according to Reuters.
Harris Williams & Co. Advises Silverchair Learning Systems, LLC in its Sale to Vista Equity Partners.
Bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.
