SINGAPORE, March 10- Singapore's Temasek Holdings is shedding the skin of a sprawling sovereign investment house, cutting stakes in big publicly listed companies as it puts more money into growing private companies and private equity firms in search of better returns.» Read More
SAO PAULO/ RIO DE JANEIRO, Nov 11- Brazil's high and rising interest rates are likely to keep attracting bond investors next year despite the country's struggle with a deteriorating budget, high inflation and low growth.
LONDON, Nov 11- Hedge fund start-up Rhodium Capital, run by former Bank of America star trader Iftikhar Ali, has begun life betting on a strong performance from corporate bonds over coming months. Bond prices were hit over the summer by fears the U.S.
Transocean said it reached an agreement with Carl Icahn.
NEW YORK, Nov 8- Private equity firm KKR& Co LP is in advanced talks to acquire Brickman Group Holdings Inc, the largest U.S. commercial landscaping company, two people familiar with the matter said on Friday, in a deal projected at around $1.5 billion.
NEW YORK, Nov 8- Steven A. Cohen's SAC Capital Advisors hedge fund pleaded guilty to fraud charges Friday as part of a $1.2 billion deal to resolve a long-running insider trading investigation, but the judge on the case reserved her decision about whether to accept the plea until after a pre-sentencing report was filed.
NEW YORK, Nov 8- U.S. District Judge Laura Taylor Swain, who is presiding over the criminal insider trading case against Steven A. Cohen's hedge fund SAC Capital Advisors, said in a court hearing on Friday she would wait to decide whether to accept SAC's guilty plea until after a pre-sentencing report was filed.
NEW YORK, Nov 8- Steven A. Cohen's SAC Capital Advisors hedge fund pleaded guilty to fraud charges Friday as part of a $1.2 billion deal to resolve a long-running insider trading investigation.
Nov 8- Affiliates of activist hedge fund Elliott Management Corp disclosed a stake of about 9 percent in Riverbed Technology Inc and said the network equipment maker was "significantly undervalued". "This is a spark that could light a fire in Riverbed's shares," FBR Capital Markets analyst Daniel Ives said.
Nov 8- An affiliate of activist hedge fund Elliott Management Corp disclosed a 5.8 percent stake in Riverbed Technology Inc, a network equipment maker it said was "significantly undervalued".
LONDON, Nov 8- The U.S. Commodity Futures Trading Commission is making another attempt to impose position limits on 28 core futures contracts covering agricultural products, energy and metals, after a U.S. court vacated its first attempt due to procedural errors.
*IPO set to provide insight into China's bad loan problems. Investors are eagerly awaiting forthcoming details from the bad loan manager, whose fundraising is part of China's broader efforts to recruit private capital to help clean up rising bad debts in the financial system.
LONDON, Nov 8- Madame Tussauds owner Merlin Entertainments priced its London stock market listing at 315 pence per share on Friday, valuing the private equity-backed company at 3.2 billion pounds.
*Sale part of Nestle plan to shed underperforming brands. LONDON/ ZURICH, Nov 7- Nestle, the world's largest food group, is selling the bulk of its Jenny Craig weight-loss business to a U.S. private equity firm, part of a trend among consumer goods firms to shed underperforming businesses in a faltering global economy.
LONDON, Nov 7- Formula One Chief Executive Bernie Ecclestone said much of the motor sport's value before the sale of a major stake to private equity group CVC was down to his running of the business.
*Sale part of Nestle plan to shed underperforming brands. ZURICH/ LONDON, Nov 7- Nestle is selling the bulk of its Jenny Craig weight loss business to a U.S. private equity firm as the world's largest food group works to trim its portfolio.
With the financial community watching, will the smart money invest in Twitter's IPO? Anecdotal evidence says yes.
*RWE's DEA could be worth as much as 5 billion euros. DUBAI/ FRANKFURT, Nov 6- U.S. private equity firm KKR has teamed up with the international arm of Kuwait Petroleum Corp to jointly bid for German utility RWE's oil and gas unit DEA, four banking sources familiar with the matter said.
*Backed by PE firms Francisco Partners, Sequoia Capital. Campbell, California- based Barracuda's shares opened at $22.20 and touched a high of $23.77 in morning trading, valuing the company at $1.19 billion. Its rivals include Symantec Corp, Check Point Software Technologies Ltd, CommVault Systems Inc and Intel Corp's McAfee unit.
LONDON, Nov 6- A multi-million dollar payment to a jailed German banker was an "insurance policy", Formula One Chief Executive Bernie Ecclestone said on Wednesday, denying it was linked to the sale of a stake in the business to private equity firm CVC.
NEW YORK, Nov 5- A hearing has been set for Friday for Steven A. Cohen's SAC Capital Advisors to plead guilty to securities and wire fraud charges after years of investigations into insider trading at the embattled hedge fund.