La Quinta Inns & Suites has attracted interest from a number of potential suitors that could value the Blackstone Group LP -owned budget hotel chain at as much as $4.5 billion, three sources with knowledge ...

Harbinger Group Inc., led by Philip Falcone, rallied in New York trading after his hedge funds said they sold shares to investors led by Leucadia National Corp.

MoneyGram International Inc has decided to remain public after talks with private equity firms over a leveraged buyout did not result in an offer in line with its expectations, three people familiar with ...

General Motors Co has agreed to pay $50 million to end long-running litigation over a secretive deal that was struck on the eve of the automaker's 2009 bankruptcy that critics said favored hedge funds. ...

Oct 1 REUTERS - General Motors Co (NYS:GM) has agreed to pay $50 million to end long-running litigation over a secretive deal that was struck on the eve of the automaker's 2009 bankruptcy that critics ...

The world famous Harlem Globetrotters exhibition basketball team has been sold to theme park operator Herschend Family Entertainment, the company announced on Tuesday. Norcross, Georgia-based Herschend, ...

Pitney Bowes stock has been heavily shorted by hedge funds, but now its new chief executive is making his bullish case directly to the buy side.

Chico’s FAS Inc. stands to hand shareholders a gain of at least 38 percent should activist investor Blue Harbour Group LP’s efforts to unlock value at the women’s clothing chain spark takeover interest....

Campbell Soup Co said it would sell some of its European canned soups and meals brands to private equity firm CVC Capital Partners for 400 million euros . Campbell said in August that it was in talks to ...

Richard Perry’s approach in betting on a JC Penney turnaround this summer was unique and differed from some of the other big hedge fund managers in JC Penney’s stock. Now, he is heading for the exits.

Nick Tiller, who managed one of the larger portfolios at the hedge fund SAC Capital, told colleagues he would leave by the end of the year.

U.S. private-equity giant KKR & Co. is making its biggest ever bet on China, with an agreement to take a 10% stake in the listed arm of the country's biggest appliance maker.

A trust representing unsecured creditors of the old General Motors agreed to stop trying to reclaim payments made to hedge funds in return for shaving the funds' claims against the company.

KKR & Co. agreed to buy a 10 percent stake in appliance maker Qingdao Haier Co. for 3.38 billion yuan ($552 million), the New York-based private-equity firm’s biggest investment in China.

Oct. 1 (Bloomberg) -- KKR & Co. agreed to buy a 10 percent stake in appliance maker Qingdao Haier Co. for 3.38 billion yuan ($552 million), the New York-based private-equity firm’s biggest investment in ...

The hedge fund began to cut its stake on Friday, coinciding with J.C. Penney’s disclosure of a planned sale of as much as 96.6 million new common shares.

TPG Capital's $500m bet on Mick Davis' venture has highlighted private equity investors' recent attempts to play the commodities cycle by snapping up small assets from the large mining and energy groups ...

Some of the world's largest private equity firms have made preliminary offers for Johnson & Johnson's Ortho Clinical Diagnostics unit, which makes blood screening equipment and laboratory blood tests and ...

Investment firm TCW has acquired private equity firm Craton Equity Partners in a push to expand its alternative offerings, the head of the firm's alternative products division said Monday. The firm aims ...

NEW YORK (MarketWatch) -- The Container Store, long suspected to be an IPO candidate, on Monday made it official. The retailer, which sells storage containers and other organization systems through its ...

Apollo Global Management is showing that private equity can still dig into its old bag of tricks.

Hedge funds' bets on falling share prices have dropped to their lowest level in years as traders predict an extended bull run for equities over the coming months. According to data from Markit, the overall ...

For all the nervousness over Washington's budget wrangling and the political crisis in Italy, hedge funds have rarely been more bullish on equities. In the US as a whole, just 2.4 per cent of shares, close ...

KKR has highlighted the increasing appeal of Chinese consumer brands to foreign investors after it paid about $550m for a 10 per cent stake in Qingdao Haier, China's largest refrigerator and washing machine ...

Active Network Agrees To Private Equity Buyout

A roundup of the morning's private equity related news.

KKR is taking a large minority investment in a major Asian appliance and electronics manufacturer.

Active Networks cashes in at $14.50 a share after a tough ride in public stock markets.

The phrase “A rising tide lifts all boats” is frequently used around Wall Street when the good times roll. It basically helps to explain why in a good market almost everything works, with little regard ...

Active Network Inc, which makes software for event management and online registrations, said it would be acquired by Vista Equity Partners for about $1.05 billion. The private equity firm will make a tender ...

KKR & Co LP has agreed to buy a 10 percent stake in white goods maker Qingdao Haier, the two companies said on Monday, in the U.S. private equity firm's biggest investment in China to date. The companies ...

MUMBAI (Reuters) - Blackstone Group LP (NYS:BX) is in talks to sell out of a New Delhi property investment for about $40 million, two sources with direct knowledge of the matter told Reuters, in what would ...

Blackstone Group LP is in talks to sell out of a New Delhi property investment for about $40 million, two sources with direct knowledge of the matter told Reuters, in what would be its first exit from ...

By Stephen Aldred HONG KONG (Reuters) - TPG Capital-backed (TPG.UL) private equity firm Northstar Group is seeking to raise around $1 billion (619 million pounds) in a new fund to invest in Southeast Asia's ...

News and developments in Asia private equity from Reuters News for the week ending Sept. 27. SEPTEMBER 27 U.S. PRIVATE equity firm KKR & Co said it would initially pay about 165 billion yen for Panasonic ...

Hedge funds' negative bets on European shares have tumbled to a level not seen since before the global financial crisis began in 2007, signalling their strongest conviction for years that the market will ...

TPG Capital -backed Indonesian private equity firm Northstar Group is seeking to raise around $1 billion in a new fund to invest in Southeast Asia, people familiar with the matter told Reuters. Northstar, ...

Steve Schwarzman said his decision 19 years ago to sell what would become the world’s largest money manager was a “heroic” mistake.

The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Telegraph RBS AND LLOYDS SIGN-UP AS GOVERNMENT ...

Dominique Senequier was always destined to be her own boss. The founder and chief executive of Axa's private equity unit, which will be spun off as a separate entity this week, simply had to be patient. ...

Managers of private-equity funds are taking advantage of low interest rates to finance new deals at the fastest pace in five years—and more investors are trying to get in on the action.

The Washington Hedge

Managers of private-equity funds are taking advantage of low interest rates to finance new deals at the fastest pace in five years—and more investors are trying to get in on the action. Private-equity ...

Thanks to the 2012 Jumpstart Our Business Startups Act, the decades-long ban on hedge fund advertising ended Monday. The question you need to consider is whether you should pay attention. Hedge funds have ...

All Business Briefs

Carlye Group is investing $500 million for a minority stake in headphone maker Beats Electronics, as Taiwanese smartphone maker HTC makes an exit by selling its remaining stake for $265 million. Ryan Dezember ...

Panasonic has agreed to sell a majority stake in its healthcare business to private equity group KKR for about Y165bn ($1.67bn) as the embattled electronics maker seeks to slim down amid its restructuring. ...

A roundup of private equity-related news.