Wolseley Private Equity sold all its shares in nexmedia to Forum Media Group. Australian-based Wolseley Private Equity said it had exited from nextmedia.
Finance/Venture
Government shutdown may cause delay for mortgage closures
In a telephone interview, mortgage industry experts say that the shutdown would not only delay approvals but also put banks at risk as they work around the government's lack of services.
Harbinger share values rise amidst SEC settlement with its founder
Harbinger Group, Philip Falcone's investment firm, jumped in value as it sold off shares to a consortium headed by Leucadia National Corp.
CEOs say shutdown would result in loss of economic gains
Many CEOs said that the extended budget impasse on health care reform would only result in greater problems such as loss of economic gains from the 2008 financial crisis.
After the shutdown, debt ceiling next issue
History showed greater economic performance after a shutdown, but there are many issues after that which need action from government.
Latest News
Indigo Partners would be buying Frontier Airlines from Republic Airways Holdings Inc for USD 36 million in cash.
Private equity firm HIG Capital announced that it had invested in specialty carpet mill Lexmark. Private equity company HIG Capital announced that it had made a strategic investment in broadloom carpet maker Lexmark Carpet Mills Inc.
Qatar Holdings, the investment arm of Qatar's sovereign wealth fund, bought the 12% stake of NYSE Euronext in the Qatar Exchange.
French bank BNP Paribas SA said through Japan head of global equities and commodity derivatives Kyoya Okazawa that it had completed its hiring plan to strengthen its equity desk two years ahead of its schedule.
A Bloomberg report said that private equity firms should be wary about purchasing assets during an economic downturn.
Adveq closed its Adveq Secondaries II fund at its hard cap of USD 175 million. Adveq announced the close of its Adveq Secondaries II fund with USD 175 million.
Macquarie Group Ltd. offered a bid for the Australian assets of Lloyds Banking Group Plc, according to a Bloomberg report.
Berkshire Hathaway Inc's founder and CEO Warren Buffet would get more than USD2 billion stock in Goldman Sachs Group, said a Bloomberg report.
SAC Energy portfolio manager Nick Tiller would retire from his post after 12 years of service, said a Bloomberg report.
