VENTURE CAPITAL POST

Global cable group Altice is acquiring New York-based Cablevision for $17.7bn including debt. This makes Altice as the fourth largest cable provider in the US. Cablevision's CEO James Dolan will hand over the control to a group of Europeans after the Altice deal. Altice will pay $34.90 a share in cash taking the valuation of Cablevision equity to $9.6bn.

European private equity fund CVC and Singaporean sovereign wealth fund Temasek [TEM.UL] are to buy a controlling stake in the pharmaceutical firm Alvogen, its chairman and chief executive said.

The German medical group Fresenius (FMEG.DE) and the Permira investment fund PERM.UL have made an offer for the medical nutrition arm of Danone (DANO.PA), The Wall Street Journal reported on Wednesday, citing sources close to the matter.

Formula One needs a strong leader and Bernie Ecclestone's $100 million court settlement to end a bribery trial in Germany is positive for the sport's future, Mercedes motorsport head Toto Wolff said on Saturday.

Private equity-backed CVC Brasil Operadora e Agencia de Viagens priced its shares at BRL 16 apiece for its IPO today, below its indicated price range of BRL 18 to BRL 22.

Merlin Entertainments was set to close its London float order books early because of the strong demand, according to a source.

Campbell Soup Co announced that the sales of some of its European businesses to CVC Capital Partners is on the final stages.

CVC's private equity arm floated one of its credit funds to acquire Eur351.2 million.

CVC Capital received Eur7 billion in its six-month round.

After minority owner CVC launched sale for Belgium’s Bpost earlier this month, trading for new shares will take place on Friday after being listed on the Brussels Stock Exchange.

Belgium post service eyes at US$3.9 billion market debut as it seeks more investors for it to be able to cope with the increasing demand in parcel delivery.

Stake sales have slowed Formula One IPO drive.

Private equity firm Waterland has attracted a number of potential buyers for Dutch trust and corporate management business Intertrust Group.

Three private equity firms, including Carlyle Group LP (CG.O) and CVC Capital Partners CVC.UL, are weighing final bids for Getty Images.

Private equity form CVC wants to sell its Danish retailer Matas while Nordic peer Altor is preparing to sell Swedish food supply business Eurocater.