Britain's Barclays PLC, Japan's Nomura and the Royal Bank of Canada are leading the loan financing for Hellman & Friedman LLC's buyout of Scout24. The classified advertising business will be bought for EUR700 million in debt funding.
Leveraged Buyouts
Manhattan-based Wasserstein & Co completes acquisition of Globecomm Systems
Manhattan-based private equity and investment firm Wasserstein & Co completed its $340-million purchase of Hauppauge-based satellite communications systems provider Globecomm Systems.
Report says Anheuser-Busch InBev begins talks to buyback South Korea's Oriental Brewery
The New York Times said private equity investors of Oriental Brewery in South Korea could stand to gain a 34% annualized return on their original investment of the brewery.
Top deals of the day - bids, mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported on Wednesday, including Fortum, National Vision, Saipem, CTT, MTS, Southern Pacific, Warrnambool, Verbund, Bakkafrost, Popular and Marathon Oil.
KKR, Carlyle vie for optical retailer National Vision -sources
KKR & Co LP and Carlyle Group LP are competing for National Vision Inc, the fourth-largest U.S. retailer of eyeglasses and contact lenses, in an auction that could fetch up to $1 billion, people familiar with the matter said this week.
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Israel-based global buyout firm Apax Partners is planning to raise USD300 million for the country's first private equity fund dedicated to mid-market buyouts, sources familiar with the matter said.
Westpac Bank has received approval from the Australian Competition and Consumer Commission to purchase the Australian assets of Lloyd's Banking Group for USD1.45 billion.
According to Tingyi Holding Corp Chief Financial Officer Frank Lin, his company could form more corporate alliances or strategic purchases next year in mainland China.
German medical supplies manufacturer Gerresheimer on Wednesday confirmed that it is no longer vying for UK-based Rexam's healthcare packaging unit. The company said the healthcare business did not fulfill its acquisition requirements.
Google acquired seven robotics firms in the past six months to create manufacturing and logistics robots for a project under Android founder Andy Rubin to compete with Amazon's flying delivery drones.
Japanese electronics conglomerate Sony Corp. may spend JPY10 billion on a chip plant it intends to buy from Renesas Electronics Corp. Sony is reportedly increasing its chip output to boost its profits.
Yahoo has purchased Los Angeles-based Dreamworks Animation-incubated mobile video app Ptch, which will shut down on January 2, 2014, in a deal with yet undisclosed financial terms.
The following bids, mergers, acquisitions and disposals were reported on tuesday including Adcock Ingram, Energa, Nordea Bank, Alitalia, Ben Venue, TIM Participacoes, Douglas, Mercator, Novartis, OncoMed, Kerning and Malaysia Airports
US-based processor giant Intel acquired private hackathon organizer Hacker League for an undisclosed amount, in a deal that will merge the latter with Mashery, an Intel company.
