NEW YORK, May 17- Onex Corp has called off its auction of medical imaging firm Carestream Health Inc after failing to find a buyer that was willing to meet its price expectation of as much as $3.5 billion, three people familiar with the matter said this week.
The volume of takeovers worldwide has dropped 7 percent year to date to $750 billion, with the week to Thursday marking the slowest week for acquisitions this year, Thomson Reuters data showed on Friday.
BOSTON, May 15- Several top stock-picking hedge funds bought about 30 million shares of PC maker Dell Inc in the first quarter, possibly increasing pressure on company founder Michael Dell to improve his bid to take the company private.
BEACHWOOD, Ohio-- DDR Corp. is buying 30 of 44 U.S. shopping centers from a joint venture it has with private equity firm Blackstone Group LP in a deal worth $1.46 billion, saying it expects to make money by raising rents at the malls and redeveloping them. They include centers in Boston, Chicago, Washington and Minneapolis among others.
This time, would-be investors such as KKR, the Blackstone Group and Macquarie Group are looking at buying into completed projects, a relatively safe bet, tempted by valuation expectations that have fallen roughly 25-30 percent over the past two years, fund managers and bankers said.
NEW YORK, May 13- The $23 billion sale of ketchup maker H.J.Heinz Co to Berkshire Hathaway Inc and buyout firm 3 G Capital, Avis Budget Group's takeover of Zipcar, and the $6.9 billion leveraged buyout of BMC Software, have one common link: Kirkland& Ellis LLP.
Albaugh, 62, retired from Boeing in October. In a 37- year career there, he also headed Boeing's defense and space businesses before moving to commercial airplanes.
May 9- Private equity firm Carlyle Group LP reported flat first-quarter profit and a decline in cash generated from managing and selling assets, despite strong capital markets that have allowed its peers to boost earnings. On a post-tax basis, this translated into $1.02 per adjusted unit, beating analysts' average forecast of 94 cents in a Thomson Reuters poll.
*IVG Immobilien declines to comment. FRANKFURT, May 7- German property company IVG Immobilien is considering swapping part of its debt for equity in a move to restructure liabilities built up in a daring expansion spree, four people familiar with the situation said.
FRANKFURT, May 7- German property company IVG Immobilien is considering swapping part of its debt for equity in a move to restructure its liabilities piled up in a daring expansion spree, four people familiar with the situation said.
FRANKFURT, May 6- German property company IVG Immobilien is considering swapping part of its debt for equity in a move to restructure its liabilities piled up in a daring expansion spree, four people familiar with the situation said.
*MBIA shares close up 45 pct, Bank of America up 5.2 pct. May 6- Bank of America Corp has agreed to pay $1.6 billion in cash to MBIA Inc and will receive the right to buy a 4.9 percent stake in the bond insurer to resolve long-running litigation, the companies said on Monday.