Apax Partners, Carlyle Group, Baring Asia vies to takeover India's SourceHOV

Various private equity firms from the UK, US and Hong Kong are reportedly among those who placed initial bids to takeover Indian business process outsourcing company SourceHOV. Initial bids have valued the BPO firm at USD1 billion.


Germany-based SolarWorld buys Bosch Solar Energy

Germany based energy firm SolarWorld has bought Bosch Solar Energy in an effort to increase its influence and market share in the solar energy industry.

UK software firm Datel acquires Sage 200 business from Pythagoras

Software solutions maker Datel, the leading Sage Business Partner in the UK, announced its acquisition of the Sage 200 customer base from Pythagoras Communications Ltd.

Russia offers cheaper natural gas to Ukraine to join economic bloc

Ukraine can get cheaper natural gas if it joins an economic bloc led by Moscow, Russian First Deputy Prime Minister Igor Shuvalov told Bloomberg News.


Latest News

Lawyers working in the buyout industry say that the private equity industry is bracing itself for more scrutiny by US regulators, according to a report.
British oil services group Petrofac is not interested in acquiring Swiss-based engineering company Foster Wheeler, a source familiar with the UK company said on Sunday.
The chairman and largest shareholder of German rail technology provider Vossloh denied he was planning to delist the company or merge it with his own company Knorr Bremse, which makes rail and commercial vehicle brakes.
U.S. fund managers increased their holdings of stocks in November, riding a global stock market rally that began when the Federal Reserve put off reducing its monetary stimulus.
Retail bondholders of Britain's Co-operative Bank have voted in favor of a restructuring to rescue the bank and proceed with its plan to fill a 1.5-billion-pound hole in its capital.
Brampton Brick Limited today announced that it has entered into an asset purchase agreement to acquire substantially all of the assets of Atlas Block, including its state-of-the-art facility located in Hillsdale, Ontario.
Imvescor Restaurant announced today that a wholly owned subsidiary of Imvescor has acquired the manufacturing facility, customer relationships, the trademark ''Commensal'' as well as all associated retail products marketed under the Commensal brand.
Italian state lender Cassa Depositi e Prestiti (CDP) expects to cash in around 3 billion euros ($4.1 billion) by June 2014 from the sale of minority stakes in gas and power grid networks, two sources with knowledge of the matter said on Friday.
The following bids, mergers, acquisitions and disposals were reported on Friday including Statoil, Cassa Depositi e Prestiti, ThyssenKrupp, Mercator, Avivasa Emeklilik, Hayat Sigorta, Banca Monte dei Paschi di Siena, Telus Corp, Atrium Innovations and John Hardy
British insurer Aviva Plc and Turkey's Sabanci Holding have mandated Citigroup and HSBC to sell between 20 and 25 percent of Turkish life and pensions joint venture Avivasa Emeklilik & Hayat Sigorta in an initial public offering, two sources told Reuters on Friday.
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