M*Modal to be acquired by One Equity for $1.1 bln

One Equity Partners, JP Morgan Chase & Co's private investment arm, will buy technology services firm M*Modal for about $1.1 billion in cash.


Sunoco, Carlyle in deal to save Philadelphia refinery

Sunoco Inc (SUN.N) and private equity firm Carlyle Group LP (CG.O) have reached an agreement to keep the largest refinery on the East Coast in operation.

In the IPO capital of the world, Western banks go hungry

A sleepy fishing village just three decades ago, the southern Chinese city of Shenzhen last year hosted more IPOs than New York, Hong Kong and London combined.

Private equity wary of German green energy shift

Speakers at the conference said renewable energy projects were too bound by red tape to be an attractive destination for the huge sums which private equity firms allocate.


Latest News

BlackBerry maker Research in Motion is considering splitting its business in two. BlackBerry maker Research in Motion is considering splitting its business in two, separating its struggling handset manufacturing division from its messaging network, The Sunday Times reported.
News and developments in Asia private equity from Reuters News for the week ending June 22. News and developments in Asia private equity from Reuters News for the week ending June 22.
U.S. private equity firm Bain Capital will buy a 50 percent stake in Jupiter Shop Channel. U. S. private equity firm Bain Capital will buy a 50 percent stake in Jupiter Shop Channel, a television shopping company, for about 100 billion yen ($1.
China's CITIC Securities has received regulatory approval to launch the country's first domestic buyout fund.
Rupert Murdoch's News Corp (NWSA.O) made a $2 billion takeover offer for Australia's Consolidated Media Holdings (CMJ.AX) on Wednesday.
The Western Union Company (NYSE:WU) today announced a strategic agreement to enable global businesses to move money quickly and reliably across borders.
Microsoft Corp is close to buying business software company Yammer Inc for more than $1 billion. Microsoft Corp is close to buying business software company Yammer Inc for more than $1 billion, according to a source familiar with the details.
Business software company Yammer Inc has agreed to sell itself to Microsoft Corp for more than $1 billion.
Sovereign wealth fund Kuwait Investment Authority (KIA), money manager BlackRock Inc (BLK.N), and twenty other cornerstone investors will buy around 62 percent of Malaysian firm IHH Healthcare's up-to-$2 billion IPO.
At Apple’s WWDC on Monday, Apple revealed its map service for iOS6 and some features like 3D view.