Mar 1, 2013 | China, East Asia, News
HONG KONG, March 1 (Reuters) – A consortium led by Carlyle Group and company management has reached a deal to take Chinese economy hotel chain 7 Days Group Holdings Ltd private, after raising its bid by 9 percent to $688 million. PE-backed buyouts of Chinese...
Feb 28, 2013 | Events, Global, News
BERLIN, Feb 28 (Reuters) – New private equity fund managers Feb 28 (Reuters) – New private equity fund managers will be hard-pushed to raise funds, as even the most experienced and successful buyout firms find investors have become more selective in the...
Feb 27, 2013 | News, Western Europe
LONDON, Feb 27 (Reuters) – British home and motor insurer esure plans to list up to half its shares in London next month, valuing the company at as much as 1 billion pounds ($1.5 billion) and raising money to wipe out debt and boost growth. Offer to value...
Feb 27, 2013 | News, Western Europe
Feb 27 (Reuters) – British financial services group Standard Life has agreed to buy Newton Management, a UK wealth management unit of BNY Mellon, adding up to 3.6 billion pounds of client assets to its books. Standard Life said on Wednesday it expects the deal...