Mar 6, 2013 | News, Western Europe
March 5 (Reuters) – Private equity group Permira has cut its fundraising targets by nearly a quarter, amid a tough environment for private equity in the aftermath of the financial crisis, the Financial Times reported on Tuesday. The company has informed...
Mar 6, 2013 | News, North America
(Reuters) March 5 – Private equity firms including Blackstone Group LP and Carlyle Group are exploring a joint offer for Life Technologies Corp, a biomedical laboratory equipment maker with a $10 billion market value, two people familiar with the matter said on...
Mar 6, 2013 | East Asia, News
(Reuters) – The sale of ING Group’s South Korean unit is set to be revived after private equity-backed Tong Yang Life Insurance Co Ltd said it was considering whether to buy the business, which is valued at about $2.1 billion. Tong Yang has market...
Mar 4, 2013 | News, North America
(Reuters) – Private equity firm KKR & Co LP is nearing a deal to buy industrial machinery maker Gardner Denver Inc and could announce the agreement in the next few days, two people familiar with the matter said on Monday. The two parties have been...
Mar 4, 2013 | News, North America
(Reuters) – Berkshire Hathaway Inc is on the hunt for more deals similar to its planned purchase of H.J. Heinz Co, Warren Buffett, the conglomerate’s chief executive, said on Monday. “If we get a chance to buy another Heinz, we will do that,”...