Sep 6, 2013 | News, North America
Reuters Sept 4 – Hotelier André Balazs has sold a majority interest in his Standard hotel brand and said the brand’s High Line property in New York was looking for new investors. Balazs will be the chairman and hold a significant stake in Standard...
Sep 6, 2013 | China, East Asia, News, Western Europe
MILAN, Sept 3 (Reuters) – (Reuters) – Chinese-Italian private equity fund Mandarin Capital has sold its 7.57 percent stake in packaging machinery company IMA at 18.6 euros per share, two traders told Reuters on Tuesday. Mandarin Capital said on Monday it...
Sep 6, 2013 | News, Western Europe
Reuters LONDON, Sept 3 Private equity firm Bridgepoint agreed to buy Austrian refrigeration manufacturer AHT Cooling from Quadriga Capital and Partners Group for 585 million euros ($771.52 million), a statement from the companies said. Quadriga bought AHT in 2007...
Sep 6, 2013 | News, North America
Reuters Sept 3 – Jarden Corp, known for its Mr. Coffee products, agreed to buy candle maker Yankee Candle Co Inc for $1.75 billion after private equity owner Madison Dearborn Partners LLC failed to sell for a higher price earlier this year. Jarden, which sells...
Sep 4, 2013 | China, East Asia, MENA, News
SHANGHAI, Sept 3 (Reuters) China’s Bright Food (Group) Co Ltd is in talks on the possible acquisition of Tnuva, Israel’s biggest food manufacturer and distributor, in a deal one newspaper said could be worth around $1.6 billion. “This has really just...
