Brad Meikle

Affinity Gaming rejected an offer by Z Capital to purchase the portion of the casino operator it doesn’t already own for $9.75 a share, prompting the private equity firm to support an effort to sell the company.  

Singapore’s MMI Technologies, an electronics parts company owned by private equity firm KKR & Co LP, has started meeting with investors for an initial public offering worth between $200 million and $300 million, IFR reported, according to Reuters.

U.S. buyout funds Bain Capital and Cerberus Capital Management sold big stakes in two Japanese companies as the stock market surges – taking profits and avoiding an expected bout of volatility if the U.S. Federal Reserve raises rate later in the year, investors told Reuters.

Carlyle Group has hired Goldman Sachs to advise it on the possible sale of its controlling stake in Spanish telecoms operator Telecable, two sources with knowledge of the deal told Reuters on Tuesday.

Bain Capital will cut its 70 percent stake in Japanese restaurant chain Skylark Co Ltd to less than 50 percent.

Joseph Bae, the Korean-American dealmaker that KKR & Co LP sent to Hong Kong 10 years ago to set up its Asian operations from scratch, will move back to the United States, the private equity firm has told its fund investors, Reuters reported.

Ancestry.com LLC, the world’s largest family history website helping users trace their heritage, is exploring a sale that could value it at between $2.5 billion and $3 billion, including debt, people familiar with the matter told Reuters.

Buyout group Cinven has raised its offer for state-controlled Telekom Slovenia in an attempt to win over Slovenian authorities facing criticism they could be selling on the cheap, a person familiar with the transaction told Reuters.

Acorn Growth Companies, an Oklahoma firm that brings operating experience to aerospace deals, is planning to raise up to $300 million for its first institutional fund after investing with support from family offices for about a decade, according to a source.

BC Partners is hoping to participate in the consolidation of the U.S. cable telecoms market by maintaining a stake in Suddenlink after its sale to Altice SA, the private equity firm’s co-chairman told Reuters.