Deals Rumor Mill: Oaktree Capital, Barrick, General Atlantic

Law360, New York (October 31, 2013, 4:11 PM EDT) -- The private equity owners of Nine Entertainment Co. are shooting to raise $641 million in the media company's initial public offering, slated to be Australia's largest in nearly three years, Bloomberg reported Thursday. California's Oaktree Capital Group LLC is planning to unload almost $400 million worth of its shares, amounting to half of its 26 percent holding. Apollo Global Management LLC, based in New York, will initially hang onto its 28 percent stake. Oaktree and Apollo teamed to take control of Nine last year in a...
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