We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Private Equity

  • December 6, 2011

    Q&A With Freshfields' Matt Herman

    Within financial markets generally, including private equity, we need to pay close attention to how Dodd-Frank’s rulemaking changes market participant behavior, and remain flexible to revisit effects to ensure that desired policy choices are realized, says Matt Herman, head of Freshfields Bruckhaus Deringer LLP's U.S. corporate practice.

  • December 6, 2011

    Chinese Bank Teams Up With Permira, TPG, KKR

    China Development Bank Corp. has signed strategic alliances with U.S. private equity firms Kohlberg Kravis Roberts & Co. and TPG Capital LP, as well as London's Permira Advisers LLP, to help the Chinese government-owned bank increase its international investments, it said Tuesday.

  • December 6, 2011

    France Clears Altarea's $142M Bid For E-Retailer

    The French competition watchdog on Monday approved real estate investment company Altarea Cogedim's proposed €100 million ($142 million) offer for private equity firm Apax Partners LLP's stake in Rue du Commerce SA, a French online retailer.

  • December 6, 2011

    Icahn Gets Tough In Commercial Metals Takeover Bid

    Billionaire investor Carl Icahn is going hostile with his $1.73 billion bid for Commercial Metals Co., urging shareholders of the scrap metal recycler and metal products producer to accept his $15-per-share offer, according to a statement his company issued Tuesday.

  • December 6, 2011

    Bain Capital Wants Samsonite Labor Suit Sent Packing

    Bain Capital LLC on Monday sought to dismiss a putative class action filed by a French woman who lost her job when the private equity firm sold a Samsonite luggage factory in 2006, arguing the claims are too late and fail to allege any wrongdoing.

  • December 6, 2011

    PBGC Rips Sun Capital Bid To Nab Friendly's Out Of Ch. 11

    The Pension Benefit Guaranty Corp. on Monday blasted Sun Capital Partners Inc.’s plan to snag Friendly Ice Cream Corp. out of bankruptcy, saying the private equity firm could not credit bid for the restaurant chain while shirking $105 million in obligations to Friendly's retirees.

  • December 5, 2011

    TPG, Apax Sued For €268M Over Hellas Notes

    Hellas Telecommunications Sarl noteholders hit TPG Capital LP and Apax Partners LLP with a new suit in New York state court Monday, seeking to recover over €268 million ($359 million) owed on notes the private equity firms profited from after acquiring the telecom and allegedly driving it into insolvency.

  • December 5, 2011

    Tekelec Shareholders Sue To Halt $780M Sale To Siris

    Tekelec Inc. and its suitor Siris Capital Group LLC were slapped with a proposed class action Monday by Tekelec shareholders accusing the mobile data services provider of undervaluing the company in its planned $780 million sale to Siris and others.

  • December 5, 2011

    Creditors Seek Info On Cerberus, NewPage Relationship

    NewPage Corp.'s unsecured creditors committee lobbied a bankruptcy judge on Friday for permission to investigate the company's ties to its owner, private equity firm Cerberus Capital Management LP, which they say also owns portions of the company's debt.

  • December 5, 2011

    Baker & McKenzie Nabs Ex-SNR Denton Energy Deals Pro

    Baker & McKenzie LLP has added a project finance partner from SNR Denton to its Chicago office to bolster its cross-border financing of energy and infrastructure projects, with a focus on renewable energy deals, the firm announced Monday.

  • December 5, 2011

    Shamrock Fund Deals For Radio Programmer Learfield

    A fund controlled by private equity firm Shamrock Capital Advisors has purchased a controlling stake in Learfield Communications Inc., the Missouri-based collegiate sports rights management and radio programming company, for an undisclosed sum, Learfield said Monday.

  • December 5, 2011

    PE Alliance Invests $750M In Chesapeake Energy Unit

    A private equity consortium led by energy-focused firm EIG Global Energy Partners LLC has acquired a preferred shares portfolio worth $750 million from a subsidiary of Chesapeake Energy Corp. to finance a natural gas drilling project, Chesapeake announced Monday.

  • December 5, 2011

    PE Firm TCV Takes Stake In Danish Software Co. SiteCore

    Information technology-focused private equity firm Technology Crossover Ventures is taking a significant minority investment in SiteCore, the growing Copenhagen, Denmark-based content management and online marketing software company said Monday.

  • December 5, 2011

    Oaktree Founder Hands Duke $50M Donation

    Duke University has received $50 million from the president and founder of private equity firm Oaktree Capital Management LP, Bruce Karsh, and his wife Martha to fund scholarships for students, the North Carolina school announced Monday.

  • December 5, 2011

    Kirkland & Ellis Guides PE-Owned Grocer's $230M IPO

    Chicago-based private equity firm Willis Stein & Partners LLC is taking Roundy's, owner of Wisconsin's top grocery chain, public in a planned $230 million initial stock offering, according to regulatory filings lodged Monday.

  • December 5, 2011

    Skadden Clinches Spinoff Of HSBC Private Equity Arm

    HSBC Holdings PLC has continued to spin out its buyout operations in the midst of new regulations, forming Graycliff Partners LP, a New York-based private equity firm with $1 billion under management, the firm announced Monday.

  • December 5, 2011

    Commercial Metals Rebuffs Icahn's Acquisition Bid

    Commercial Metals Co.'s board has rejected Carl C. Icahn's unsolicited proposal to buy the scrap metal recycler and metal products producer for $15 per share, contending Monday that the proposal is an opportunistic attempt to acquire the company on the cheap.

  • December 5, 2011

    Q&A With Phelps Dunbar's Mark Jeanfreau

    It is often difficult to explain to a client interested in raising capital not only where the line is between permitted solicitations and actions that violate the law but also why one activity is acceptable where another activity, which appears only slightly different, is illegal, says Mark Jeanfreau, a partner with Phelps Dunbar LLP specializing in mergers and acquisitions.

  • December 5, 2011

    AXA Exits Shipping Container Co. After Turnaround

    The buyout arm of French insurer AXA Group is selling German transport packaging company KTP Kunststoff Pallettentechnik GmbH to a minority shareholder and a new investor, making its exit after a successful five-year investment, the seller announced Monday.

  • December 5, 2011

    KKR Backs China Outfitters IPO With $60M Investment

    Kohlberg Kravis Roberts & Co. LP's China-focused investment fund, KKR China Growth Fund LP, has agreed to invest $60 million into Chinese menswear retailer China Outfitters Holdings Ltd. for its initial public offering, KKR announced Monday.