May 23 (Reuters) – General Electric Co is considering spinning off parts of its financial arm, GE Capital, through an initial public offering as part of its plan to reduce the size of the business,…
Category Archives: Mergers
UPDATE 1-Apax Partners to take rue21 private in $1.1 bln deal
May 23 (Reuters) – Private equity firm Apax Partners will acquire teen-apparel retailer rue21 Inc in a deal valued at about $1.1 billion, adding to a retail portfolio that includes Cole Haan and…
UPDATE 1-Dover to spin off some communication technologies businesses
May 23 (Reuters) – U.S. industrial conglomerate Dover Corp said it plans to spin off some of its communication technologies businesses into a publicly traded company with annual revenue of about $1.3…
Marathon Oil says no deal reached for sale of oil sands stake
May 23 (Reuters) – Marathon Oil Corp said on Thursday that negotiations to sell a portion of its 20 percent stake in the Athabasca Oil Sands Project in Canada had ended without a deal.
BRIEF-KKR gets $300 million real estate investment
May 23 (Reuters) – KKR & Co LP says in investor presentation on its website: * A strategic investor has committed $300 million to its real estate strategy
Rue21 to go private in $1.1 billion deal
May 23 (Reuters) – Teen-apparel retailer rue21 Inc said it agreed to be acquired by private equity firm Apax Partners in a deal valued at about $1.1 billion.
UPDATE 1-SoftBank would add ‘security director’ to Sprint board
May 23 (Reuters) – SoftBank Corp would appoint a “security director” to Sprint Nextel Corp’s board if its takeover bid succeeds and give the U.S. government right of approval on the appointment in…
Sponsors eye more balanced funding mix as IPO outlook brightens
LONDON, May 23 (IFR) – Private equity firms eyeing exits via equity listings are increasingly turning to leveraged loans and floaters for the greater flexibility and cheaper refinancing options they…