Home Authors Posts by Brad Meikle

Brad Meikle

Values Up Down
Carlyle Group LP reported a 13 percent year-on-year drop in first-quarter profit, as it was asked to pay $112 million in a French tax court case involving one of its real estate funds, yet it still beat most analysts’ expectations on performance, Reuters reported.
Buyout group Advent has attracted interest from strategic buyers and private equity groups for Douglas as it prepares a potential 3 billion euro ($3.28 billion) flotation of the German perfume retail chain, two sources familiar with the matter told Reuters.
Private equity firm LeapFrog Investments is leading a $45 million investment in Indonesian financial services provider Reliance Capital Management with the aim of taking it public, a senior executive told Reuters.
Telx Group Inc, a private equity-owned provider of data centers and network solutions to companies, is exploring a sale that could value it at around $2 billion, including debt, people familiar with the matter told Reuters.
Carlyle Group LP agreed on Monday to pay 1.75 billion reais ($600 million) for a stake in Rede D’Or São Luiz SA, Brazil’s largest hospital chain, a source with direct knowledge of the deal told Reuters.
The U.S. initial public offering market sprang to life Monday with eight deals launched, adding to a calendar that could see as many as 14 companies go public in the next two weeks.
Caliber Midstream Partners LP, the owner of an oil and gas pipeline network in North Dakota, is exploring a sale that it hopes could value it at as much as $1 billion, including debt, according to people familiar with the process.
KKR & Co LP on Thursday reported a smaller-than-expected 4.9 percent year-on-year drop in first-quarter profit, as proceeds from private equity asset sales offset most credit investment losses, Reuters reported.
Private equity firms are facing increasingly stiff competition from a growing breed of entrepreneurs and high-net-worth individuals as Nomad Holding’s acquisition of Europe’s biggest frozen foods business, Iglo Foods showed this week, Reuters reported.
A company affiliated with Goldman Sachs Group Inc agreed to pay $640,000 to settle SEC charges that it failed to resume making public disclosures to investors after going “dark” for six years, Reuters reported.
buyouts
buyouts

Copyright PEI Media

Not for publication, email or dissemination