Institutional investors were putting more money to private equity funds as they bet on improved dealmaking in the next two years, according to a report.
Investors
After failure to dispose Freedom Group, Cerberus offers investors opt-out strategy
After failing to dispose of Freedom Group, private equity firm Cerberus Capital Management has proposed to buy out shares of investors who want to exit their investments in the gunmaker.
Utilico cuts stake in Wellington's Infratil via buyback
UK-based investor Utilico Investments has reduced its stake in New Zealand-based energy business operator Infratil through the company's buyback program and a share sale on the market.
UK mobile games maker King delays IPO due to Candy Crush surge
UK-based mobile game maker King has delayed its initial public offering (IPO) until 2014 amid fears that its flagship game, Candy Crush Saga, is just a "one hit wonder," said UK-based newspaper.
Bankers says HSBC spinoff of UK operations is a logical offshoot of ringfencing requirements
Bankers told the Financial Times that the news of HSBC's planned spinoff of its UK unit logically follows the ringfencing requirements that will be part of the UK Banking Reform Bill about to be passed through the British parliament.
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New Zealand-based tertiary textbook firm Bennetts Group has bought the assets of travel and accommodation guide publisher Jasons Travel Media in a deal with undisclosed financial details.
Bob Diamond, the former Chief Executive of Barclays, will be returning to banking by listing a company that will be investing in the African financial sector, a source interviewed by Reuters said.
Washington-based law firms Silver, Freedman & Taff and Elias, Matz, Tiernan & Herrick have announced their intentions to merge on January 1 and the combined company will be called Silver, Freedman, Taff & Tiernan.
Telecom Corp Ltd has offloaded its Australian AAPT unit to TPG Telecom Ltd UDS450 million to initially repay debt and focus on its operations in New Zealand.
With the revival of initial public offerings, Australian bankers have many things to be happy for as underwriting fees also surge, according to a report.
Shares of Israel-based Given Imaging got a boost after news broke that Dublin, Ireland-based Covidien would be buying the firm's outstanding shares at a premium.
Bob Diamond, the former boss of Barclays, is set to return to banking by listing a shell company in London in the next few weeks to invest in the African financial sector, a source familiar with the matter said.
The Belfast Telegraph said in a report that Ministry of Defence Secretary Philip Hammond will be left working out other options after plans for purchasing military equipment via a private consortium had failed.
A Business Insider report cited multiple sources who provided a background story on why Yahoo Inc was not keen to acquire the company of mobile app Ptch, and why DWI Investments were not happy with the outcome of the deal.
