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,...
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....
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...
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...
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...