Sources told PeHub that Stone Point Capital was already gearing up for its sixth buyout fund. Four sources told PeHub that Stone Point Capital was already in talks with investors about the formation of its sixth buyout fund.
Investors
Monte dei Paschi cancels coupon payments
Monte dei Paschi decided to cancel its coupon payments in order to meet EU bank requirements. A decision to cancel coupon payments was done by Monte dei Paschi di Siena on three hybrid loans set to fall due by the end of the month to comply with European conditions for the approval of a EUR4.
Allen-Vanguard sells Explosive Ordnance Disposal unit to SafariLand Group
Canada-based anti-terrorist solutions provider Allen-Vanguard exited its Explosive Ordnance Disposal unit.
200 Million iOS devices upgrade to iOS 7
Apple said more than 200 million users of iOS devices upgraded to its recently launched iOS 7. Apple announced that over 200 million iOS devices had upgraded to its newly-launched iOS 7.
SolarCity Corp strikes partnership agreement with Crius Energy Trust
SolarCity Corp struck a marketing partnership deal with Crius Energy Trust. SolarCity Corp announced that it had agreed to a partnership agreement with Crius Energy Trust.
Latest News
Yongye International, Inc had announced today that they have entered in a merger agreement with Full Alliance International Limited at USD6.69 per share.
Microsoft would be introducing its second generation Surface tablets in a New York event on Monday, according to a report.
New appointments to HSBC Holdings management staff were recently announced to respond to the recovery in the region's financial markets.
Apple announced that its iPhone 5S and 5C had sold 9 million units in its opening weekend. Apple's newest iPhones set a new record for opening weekend sales.
In an exclusive interview with news site the Financial Times, Chairman and creative director Remo Ruffini of the French-Italian clothing company Moncler said that they had plans for an IPO listing this year.
American Airlines and US Airways Group Inc. had came to an agreement that the USD14 billion merger should be completed before the new deadline, which is on January 18 next year.
The South Korean government said it received preliminary offers for two regional banks from Woori Finance Holdings.
Potbelly Corp was hoping that its USD75 million IPO would have market pricing its shares not lower than USD9.
A Bloomberg report said smartphones had recently threatened sales of Japanese camera makers Nikon and Canon.
