Japanese electronics giant Panasonic Corp. has agreed to sell its Sanyo digital camera and digital movie camera business to an affiliate of Japanese private equity firm Advantage Partners LLP, Panasonic announced Friday.
General Electric Co. has agreed to buy the aviation business of Italian aerospace services company Avio SpA from its private equity backer, U.K.-based Cinven, for roughly €3.3 billion (US$4.3 billion), GE announced Friday.
Office Depot Inc. will hand over control of its Hungarian business to the country's first privately owned venture capital fund, which will continue to use the office supply giant's trade names and sourcing services, the seller announced on Thursday.
Real estate investor DRA Advisors LLC picked up a 174,000-square-foot office building in Houston’s Energy Corridor from private equity firm Black Forest Ventures LLC, expanding its holdings in Texas, the deal’s broker Holliday Fenoglio Fowler LP announced Thursday.
A veteran private equity and corporate mergers and acquisitions partner formerly with McDermott Will & Emery LLP has joined Lowenstein Sandler PC's specialty finance practice in New York City, Lowenstein said Wednesday.
Norway's sovereign wealth fund and real estate investor Prologis Inc. on Thursday announced a €2.4 billion ($3.1 billion) joint venture to buy and manage industrial properties across Europe, a deal that gives Prologis a deep-pocketed new investor and expands Norges Bank's growing property portfolio.
Virginia-based midstream energy company Dominion Resources Inc. and private equity-backed Caiman Energy II LLC have agreed to form a $1.5 billion natural gas services joint venture to work with producers in the Utica Shale in Ohio and Pennsylvania, the companies announced Thursday.
Oklahoma oil and gas firm SandRidge Energy Inc. has sold its Permian assets to Texas private equity energy firm Sheridan Production Co. LLC for $2.6 billion in cash, SandRidge said Wednesday.
Private equity powerhouse The Carlyle Group LP paid $424 million for a substantial revenue interest in energy investor NGP Energy Capital Management, it said Friday, the latest big-ticket deal for a private equity firm digging into alternative assets to diversify beyond leveraged buyouts.
Private equity firm Warburg Pincus will acquire a majority stake in consumer goods sales and marketing giant Crossmark Inc. after the companies entered a definitive merger agreement, Crossmark announced Wednesday.
Chinese digital advertising agency Focus Media Holding Ltd. announced a $3.7 billion buyout Wednesday by a group of private equity firms, including Washington-based The Carlyle Group, and Focus Media CEO and Chairman Jason Nanchun Jiang.
Dragged down by an unsuccessful foray into hardware and a lack of hits, video game developer THQ Inc. sought protection in Delaware bankruptcy court Wednesday ahead of a planned sale to affiliates of private equity firm Clearlake Capital Group LP.
German utility E.ON SE will spin off a controlling stake in its waste incineration unit to form a joint venture with Swedish private equity firm EQT Funds Management Ltd., the pair said Wednesday, in a deal reportedly worth €1 billion ($1.3 billion).
Beleaguered retailer Billabong International Ltd. on Wednesday confirmed a AU$527 million (US$556 million) offer from a group including one of its executives and private equity firm Sycamore Partners LLC, but a bleak outlook and continued drop in investor confidence could drive the purchase price even lower.
Wm. Bolthouse Farms Inc. and its former private equity managers cheated three employees out of their interests in the food company two years before it was sold to Campbell Soup Co. for $1.5 billion, according to a lawsuit filed in Delaware state court on Tuesday.
Open Range Communications Inc.'s Chapter 7 trustee minted a settlement Tuesday that resolves a $6 million claim from the private equity investor that bankrolled its failed reorganization, removing the last obstacle holding up the defunct broadband company’s liquidation.
Mexican Coca-Cola Co. bottler Arca Continental SAB de CV dramatically expanded its snack food division with the purchase of a leading Ecuadorean snack company and private equity-backed Wise Foods Inc., maker of the eponymous potato chips and Cheez Doodles, the buyer announced late Monday.
Cerberus Capital Management LLC said Tuesday it would look for a buyer for gun manufacturer Freedom Group, responding to criticism from one of its biggest investors, California State Teachers Retirement System, to sell the company, whose assault rifle was used in last week's school shooting in Connecticut.
New York-based private equity group BC Partners Ltd. was hit with a class action Friday by laid-off employees of its Texas subsidiaries, ATI Enterprises Inc. and ATI Acquisition Co., alleging workers were not given fair warning of staff cutbacks after BC acquired the companies two years ago.
Bankrupt Mexican glassmaker Vitro SAB de CV said Monday it was seeking a $1.6 billion judgment in Mexican court against a group of bondholders, including several private equity companies, for attempting to scuttle the company’s restructuring plan and force it into involuntary bankruptcy.