Abu Dhabi plans to sell a $2 billion slice of its private equity book

The Abu Dhabi Investment Authority is preparing to sell around $2 billion of its stakes in private-equity funds, amid an increasing push toward direct investments by the sovereign wealth fund, people familiar with the matter said......»»

Category: topSource: moneycentralJan 15th, 2020

Factbox: Ownership of leading European soccer clubs

The Abu Dhabi-controlled soccer group that owns Manchester City has agreed to sell a $500 million stake to U.S. private equity firm Silver Lake, making it the world's most valuable soccer group with a $4.8 billion price tag......»»

Category: topSource: reutersNov 27th, 2019

Manchester City owner scores $4.8 billion price tag with stake sale

Manchester City's Abu Dhabi-controlled owner has agreed to sell a $500 million stake to U.S. private equity firm Silver Lake, making it the world's most valuable soccer group with a $4.8 billion price tag......»»

Category: topSource: reutersNov 27th, 2019

CITIC to sell 22% stake in McDonald"s China business to PE arm: sources

CITIC Ltd , the main listed arm of Chinese state-owned conglomerate CITIC Group, plans to sell a 22% stake in McDonald's Corp's mainland China and Hong Kong business, which is likely to be bought by the group's private equity arm......»»

Category: topSource: reutersJan 8th, 2020

One of Denver"s largest private equity firms hires new execs, plans to sell to employees

“There's a difference in a person’s step when they're an owner versus an employee.".....»»

Category: topSource: bizjournalsDec 5th, 2019

Factbox: From Madison Square Garden to Alibaba, Silver Lake"s $43 billion empire

U.S. private equity firm Silver Lake has bought a 10% stake in Manchester City's Abu Dhabi-controlled owner, adding to its $43 billion worth of investments which include the world's best-known sports venues and teams as well as technology companies......»»

Category: topSource: reutersNov 27th, 2019

The Funded: Valley private equity firms swap background check business in $1.5B deal

Palo Alto-based private equity firm Symphony Technology Group on Monday agreed to sell an Atlanta business for $1.5 billion that it bought for $265 million in 2010. Menlo Park-based Silver Lake is buying First Advantage, a company that does pre-empl.....»»

Category: topSource: bizjournalsNov 25th, 2019

Blackstone plans to launch tender offer for Japan"s Unizo

Private equity firm Blackstone Group said on Tuesday it would launch a tender offer for Japan's Unizo Holdings at 5,000 yen a share, doubling down on its $1.6 billion offer after the proposal was rebuffed by the hotel chain......»»

Category: topSource: reutersOct 15th, 2019

Peninsula fund gives Mediaset insurance in Vivendi dispute

A private equity firm led by former bankers from top Italian investment house Mediobanca has agreed a backstop worth up to 1 billion euros ($1.1 billion) to help Mediaset ensure safe passage for its plans to create a pan-European TV player......»»

Category: topSource: reutersSep 20th, 2019

TreeHouse Foods to sell snack business for $90 million

TreeHouse Foods Inc. said late Monday it has agreed to sell its snack division to private-equity company Atlas Holdings LLC for $90 million. It plans to use the sale's proceeds to pay dow.....»»

Category: topSource: marketwatchJul 8th, 2019

WPP in exclusive talks to sell Kantar stake to Bain Capital

WPP is in exclusive talks to sell a majority stake in its data analytics unit Kantar to private equity firm Bain Capital, it said on Monday, in a $4 billion deal aimed at steering the world's biggest advertising company back to growth......»»

Category: topSource: reutersJul 1st, 2019

KKR to sell Korea-based KCFT to SK Group affiliate for $1 billion

U.S. private equity investor KKR & Co Inc said on Wednesday it is selling Korea-based KCF Technologies (KCFT) to SKC, an affiliate of South Korean conglomerate SK Group, for 1.19 trillion won ($1 billion)......»»

Category: topSource: reutersJun 13th, 2019

Colfax reportedly close to selling air and gas unit for $1.8B

Colfax Corp. reportedly plans to sell its air and gas handling business division for more than $1.8 billion to help pay for a major purchase the company closed on earlier this year. Annapolis Junction-based Colfax is close to a deal with private e.....»»

Category: topSource: bizjournalsMay 13th, 2019

Sanofi in talks to sell generics arm for $2.4 bln

French healthcare group Sanofi is in exclusive talks to sell its Zentiva European generics drugs arm to private equity firm Advent International for 1.9 billion euros ($2.4 billion). Sonia Legg reports......»»

Category: videoSource: reutersApr 17th, 2018

LaSalle Hotel accepts Blackstone"s $3.7 billion cash offer

(Reuters) - LaSalle Hotel Properties decided to sell itself to private equity firm Blackstone Group LP for $3.7 billion in cash, rejecting a cash-and-stock offer from rival Pebblebrook Hotel Trust ......»»

Category: topSource: reutersMay 21st, 2018

WeddingWire CEO details next steps after selling majority ownership

The Chevy Chase company disclosed plans to sell a majority stake to London-based private equity firm Permira for $350 million......»»

Category: topSource: bizjournalsMay 22nd, 2018

Walmart Sheds Majority Stake in Brazilian Stores

Walmart has agreed to sell an 80% stake in its Brazilian business to private equity firm Advent International. The retailer will take a non-cash writed down of about $4.5 billion on the deal......»»

Category: blogSource: 247wallstJun 4th, 2018

Twitter Plans to Sell $1 Billion in Convertible Debt

The social-media company is joining a rush of tech firms taking advantage of soaring share prices to issue shares that convert to equity......»»

Category: smallbizSource: wsjJun 7th, 2018

J&J (JNJ) Accepts Platinum Equity"s Offer for LifeScan Unit

Johnson & Johnson (JNJ) to sell its LifeScan diabetes device unit to Platinum Equity. Johnson & Johnson JNJ has accepted a $2.1 billion offer from a private equity firm, Platinum Equity, for the sale of its LifeSca.....»»

Category: smallbizSource: nytJun 13th, 2018

GE Nears Deal to Sell Industrial-Engines Unit

General Electric is nearing a deal to sell a unit that makes large industrial engines to private-equity firm Advent International for $3 billion or more, people familiar with the matter said......»»

Category: smallbizSource: wsjJun 24th, 2018

GE nearing deal to sell industrial engines unit to Advent: WSJ

(Reuters) - General Electric Co is close to a deal to sell its industrial gas engines business to private equity firm Advent International for $3 billion or more, The Wall Street Journal reported on Sunday, citing people familiar with the matter......»»

Category: topSource: reutersJun 24th, 2018