Nov 19, 2013 | MENA, News
DUBAI, Nov 11 (Reuters) – TPG Capital and Abraaj Group have teamed up to compete against KKR & Co for a majority stake in Saudi Arabian fast-food chain Kudu, three banking and industry sources said. * TPG/Abraaj vs KKR for majority stake in Kudu –...
Nov 18, 2013 | China, East Asia, France, News, Western Europe
LONDON/SHANGHAI, Nov 15 (Reuters) – French carmaker PSA Peugeot Citroen is preparing for a possible sale of its Faurecia components division to accompany a tie-up with China’s Dongfeng Motor Group, several sources with knowledge of the situation said. The...
Nov 18, 2013 | News, North America
Nov 18 (Reuters) – Fairfax Financial Holdings Ltd has agreed to acquire a majority interest in privately held Keg Restaurants Ltd (KRL), which owns over 100 steak house restaurants in Canada and parts of the United States. The terms of the deal, which is...
Nov 18, 2013 | Africa, France, News, Western Europe
NAIROBI, Nov 18 (Reuters) – DEG, a subsidiary of German development bank KfW, has bought an unspecified amount of shares worth $10 million in Chase Bank, one of Kenya’s fastest-growing lenders, the Kenyan bank said. Kenyan banks have caught the eye of...
Nov 18, 2013 | News, Western Europe
BRUSSELS, Nov 18 (Reuters) – Belgian IBA said on Monday it had completed the sale of its drug discovery arm Cisbio Bioassays business to private equity group Argos Soditic in a deal valuing the business at 25 million euros ($33.7 million). IBA said in a...