Account
Specialty chemicals producer Rockwood Holdings Inc's pigments businesses have attracted offers from buyout firms including Blackstone Group LP and Advent International Corp, several people familiar with the matter said.The auction for the assets, in which Apollo Global Management LLC , Bain Capital LLC, Golden Gate Capital LLC and Rhone Group LLC are also participating, is now in its second round, with meetings with management taking place, the people said.The sources spoke on the condition of anonymity because the process is confidential. Some of the persons spoke on Monday and others spoke in recent days.Rockwood has packaged its Sachtleben titanium dioxide unit with its color additives units and is hoping to sell or spin off the businesses by the end of the year. Rockwood previously tried to sell just Sachtleben, which yielded little interest, people familiar with the matter told Reuters earlier this year.Combined earnings before interest, taxes, depreciation and amortization (EBITD...
U.S. stocks tallied modest gains on Monday, continuing the S&P 500 index's record run above 1,600 after the April jobs report, which exceeded expectations."The marke...
U.S. stocks were little changed Monday following the S&P 500 index's record run above 1,600 and the April jobs report, which exceeded expectations."We'll see if the ...
BMC Software said Monday morning that it landed a buyout deal with a group of private equity firms for $46.25 per share in cash, or about $6.9 billion in total. The ...
BMC Software Inc said on Monday it agreed to be acquired by a private equity group led by Bain Capital and Golden Gate Capital Corp for about $6.9 billion.The offer ...
In one of the largest leveraged buyouts of the year, a group of private-equity firms unveiled on Monday a $6.9 billion takeover of IT management solutions company BM...
BMC Software is nearing a deal to announce a sale to Bain Capital and Golden Gate, two people familiar with the matter told Reuters on Sunday.The negotiated price is...
Fang Fenglei, a former Goldman Sachs banker and co-founder of Hopu Investment Management, is raising up to $2 billion in a new fund, people familiar with the matter ...
A private equity group made up of Bain Capital LLC and Golden Gate Capital Corp has emerged as the lead contender to buy BMC Software Inc for more than $6.5 billion,...
The number of potential bidders for Onex Corp's Carestream Health Inc has fallen to two, several people familiar with the matter said, damping hopes of selling the m...
Vornado Realty Trust (VNO) disclosed income from its share of Toys "R" Us Inc.'s fourth-quarter results would be erased by a corresponding impairment loss.The real-e...
International Paper Co (NYSE:IP) is in talks with Bain Capital-backed Unisource Worldwide Inc to spin off and merge its distribution business with the privately held...
Bain Capital LLC is close to securing commitments from investors for about half the $6 billion target for its latest private equity fund, two people familiar with th...
Rent the Runway is revolutionizing the fashion industry, making runway clothing a reality for mass consumers. The concept is simple; it allows women to rent luxury dresses, accessories and handbags at a fraction of the cost for a few days at a time.
Drug maker Actavis Inc. (ACT) agreed to acquire Warner Chilcott PLC (WCRX) for about $5 billion in an all-stock deal aimed at enlarging Actavis's portfolio of specia...
Drug maker Actavis Inc. (ACT) agreed to acquire Warner Chilcott PLC (WCRX) for about $5 billion in an all-stock deal aimed at enlarging Actavis's portfolio of specia...
Onex Corp has called off its auction of medical imaging firm Carestream Health Inc after failing to find a buyer that was willing to meet its price expectation of as...
ESPN and Twitter Inc. are announcing a major expansion of their collaboration to post sports-related videos on the short-messaging service--part of a growing wave of...
FRANKFURT Private-equity firms BC Partners, Bain Capital LLC and Cinven are the remaining bidders for the industrial ceramics unit CeramTec that U.S.-based Rock...
U.S. stocks mostly advanced on Monday, continuing the S&P 500 index's record run above 1,600 after the April jobs report exceeded expectations."The market had a pret...
