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TPG raises $305 million from Shriram Transport share sale: source

TPG raises $305 million from Shriram Transport share sale: source

Feb 21, 2013 | India, News, South & Central Asia

MUMBAI, Feb 21 (Reuters) U.S. private equity firm TPG Capital has raised $305 million by selling about half of its stake in commercial vehicle financier Shriram Transport Finance Co Ltd(SRTR.NS), a source with direct knowledge of the matter said on Thursday. TPG,...
Forstmann Little decides to sell talent agency IMG -sources

Forstmann Little decides to sell talent agency IMG -sources

Feb 21, 2013 | News, North America

NEW YORK, Feb 20 (Reuters) Private equity firm Forstmann Little & Company has decided to put its sports and modeling talent agency IMG up for sale and is in the process of picking an investment bank to lead the effort, three people familiar with the matter said....
Start-up Pinterest wins new funding, $2.5 billion valuation

Start-up Pinterest wins new funding, $2.5 billion valuation

Feb 21, 2013 | News, North America

SAN FRANCISCO, Feb 20 (Reuters) Online scrapbook Pinterest has raised a new $200 million round of funding that gives it a valuation of $2.5 billion, the company said on Wednesday. Pinterest, which allows users to create online bulletin boards based on various themes...
Bertelsmann in talks to buy KKR stake in BMG -report

Bertelsmann in talks to buy KKR stake in BMG -report

Feb 20, 2013 | News, North America

FRANKFURT, Feb 20 (Reuters) Germany-based Bertelsmann is in advanced talks to buy out private equity firm KKR’s majority stake in joint venture music rights management company BMG, the New York Post said, citing unnamed sources. Read...
Printemps owners in talks with Qatari investors

Printemps owners in talks with Qatari investors

Feb 20, 2013 | France, News, Western Europe

PARIS, Feb 20 (Reuters) – Italian businessman Maurizio Borletti has joined up with Qatari investors to bid for control of Printemps, the upmarket French department store and tourist hotspot. Exclusive talks centre on the 70 percent stake in Printemps owned by...
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