GO
Loading...

Enter multiple symbols separated by commas

Buyins and Buyouts

More

  • Midwestern firm Wealth Enhancement Group as Lightyear seeks another windfall good investment in the wealth management market. Marron said Wealth Enhancement Group has strong leaders and a team-based approach that will enable it to grow quickly to the scale of a firm like Cetera. The terms of the deal were not disclosed, but Lightyear will purchase the stake...

  • April 20- A controlling stake in Cirque du Soleil, which grew from a ragtag group of street performers in Canada into a global circus and entertainment colossus, will be sold to a U.S. private equity fund and its Chinese partner, Cirque du Soleil said on Monday. `. The deal to sell the stake, the size of which was not disclosed, to a group led by Texas- based TPG Capital LP...

  • April 20- Groupon Inc said it would sell a 46 percent stake in Ticket Monster, its South Korean e-commerce business, for $360 million amid efforts to turn itself around. Shares of Groupon, which raised its current-quarter adjusted profit forecast and approved a new $300 million share repurchase program, rose 4.7 percent in early trading. Groupon will receive...

  • April 20- Groupon Inc said it would sell a 46 percent stake in Ticket Monster, its South Korean e-commerce business, to a partnership formed by KKR and Hong Kong- based Anchor Equity Partners for $360 million.

  • BRASILIA, April 17- Investment fund Coliseu has reached a preliminary agreement to sell its stake in Brazilian transmission utility Taesa to Colombia's Empresas Publicas de Medellin for 1.527 billion reais, both companies said on Friday. The other controlling shareholder is Brazilian power holding company Cia Energ├ętica de Minas Gerais SA, or Cemig, which...

  • JOHANNESBURG, April 16- South African investment house Brait SE is to pay $1 billion for a controlling stake in gym group Virgin Active, Brait said on Thursday, seeking to tap the growing health-conscious middle classes particularly in Africa and Asia. The fitness chain, jointly owned by the Virgin Group of entrepreneur Richard Branson and buyout firm CVC...

  • The fitness chain, jointly owned by the Virgin Group of entrepreneur Richard Branson and buyout firm CVC Capital Partners, has 267 gyms across nine countries including South Africa, home to the largest number of Virgin Active clubs, Thailand and Britain. Brait has proposed to take an 80 percent stake in Virgin Active for 682 million pounds, valuing the gym chain...

  • MOSCOW, April 16- Energy trader Gunvor has sold its 30 percent stake in Russian coal producer Kolmar, the Swiss-based trader said on Thursday. Gunvor, one of the world's top five oil trading houses, has been looking to cut exposure to Russia by selling assets. The company's former co-owner, Russian billionaire Gennady Timchenko, sold his stake in Gunvor last year...

  • MOSCOW, April 16- Energy trader Gunvor has sold its 30 percent stake in Russian coal producer Kolmar, the Swiss-based trader said on Thursday. It said in a statement the stake had been sold to a company controlled by Russian businessman Andrei Bokarev, an investor in coal mining and logistics assets, transportation and industrial processes.

  • MOSCOW, April 16- Energy trader Gunvor has sold its 30 percent stake in Russian coal producer Kolmar, the Swiss-based trader said on Thursday. The stake has been sold to Mokara Enterprises Limited, owned by Russian businessman Andrei Bokarev, Gunvor said in a statement. The company's former co-owner, Russian billionaire Gennady Timchenko, sold his stake in...

  • Gunvor says sells stake in Russian coal producer Kolmar Thursday, 16 Apr 2015 | 2:42 AM ET

    MOSCOW, April 16- Energy trader Gunvor has sold its 30 percent stake in Russian coal producer Kolmar, the Swiss-based trader said on Thursday. It said in a statement the stake had been sold to Mokara Enterprises Limited, which is owned by Russian businessman Andrei Bokarev, an investor in coal mining and logistics assets, transportation and industrial processes.

  • CARACAS, April 14- Venezuelan state oil company PDVSA has offered to buy oil and gas producer Harvest Natural Resources Inc's minority stake in its Petrodelta joint venture, a source close to PDVSA said on Tuesday. The news pushed shares of Texas- based Harvest up around 129 percent to their highest level since December on apparent relief the financially...

  • CARACAS, April 14- Venezuela's state oil company PDVSA has offered to buy oil and gas producer Harvest Natural Resources Inc's stake in the Petrodelta joint venture, a source close to PDVSA said on Tuesday. The company has twice been poised to sell its minority stake but said the OPEC country blocked the transaction. In 2013 a deal with Indonesia's oil company...

  • DUBLIN, March 31- Canada's Fairfax Financial Holdings has sold half of its 5.8 percent stake in Bank of Ireland for more than triple what it paid for it in 2011, a source with knowledge of the deal said, pushing the share price down 6 percent. Bank of Ireland shares were down 6 percent at 36.2 euro cents at 0725 GMT following the sale, which was managed by Deutsche Bank.

  • ZURICH, March 30- Switzerland's Holcim said on Monday it had sold its 27.5 percent stake in Thailand's second-largest cement company Siam City Cement, in deals worth 655 million Swiss francs. Zurich- based Holcim, which plans to merge with France's Lafarge, said 24.9 percent of Siam City Cement was acquired by an affiliate of Hong Kong- based conglomerate Jardine...

  • PARIS, March 26- Margarita Louis-Dreyfus has tightened her control over Louis Dreyfus Commodities B.V., and said solid 2014 results showed the trading group could take its time in its almost year-long search for a new chief executive. The Russian-born billionaire said on Thursday her family trust, Akira, had raised its stake in Louis Dreyfus Holding to 80...

  • LONDON, March 25- Borse Dubai, the biggest investor in the London Stock Exchange is selling its stake in the British exchange, which will raise around 1.5 billion pounds. The Dubai exchange became a major shareholder in Nasdaq in a complex deal in 2007, buying a 28 percent stake in the LSE from the U.S. exchange for 1,414 pence per share. Bank of America Merrill Lynch,...

  • *Pirelli shareholder says in talks with industrial partner. MILAN, March 20- Camfin, a key shareholder in Pirelli, said on Friday it was in talks with an international industrial partner to sell its 26.2 percent stake in the Italian tyre company. The investment firm said the deal under discussion envisaged the transfer of the whole of its stake in Pirelli to a new...

  • ISTANBUL, March 5- Citigroup has sold its nearly 10 percent stake in Turkey's Akbank for $1.2 billion, the U.S. lender said on Thursday, its latest disposal of overseas assets to cut costs and boost profits. New York- based Citi has been paring back in international markets in recent years, pulling out of retail banking in Turkey as well as long-established...

  • LONDON, March 4- Britain agreed to sell its 40 percent stake in the Eurostar rail link for 585 million pounds to a consortium of Canadian public pension fund Caisse de Depot du Placement du Quebec and British asset manager Hermes. The government announced the deal for its stake in the high-speed rail link between Britain and continental Europe on Wednesday...