ProsiebenSat.1 shareholders KKR and Permira are selling a stake worth up to 1.12 billion euros ($1.5 billion) in the German free-to-air broadcaster, the offer document, which was seen by Reuters on Tuesday, shows.
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KKR raises $2B for KKR Special Situations Fund
New York-based private equity firm KKR & Co was able to gather $2 billion for a fund called the KKR Special Situations Fund that will provide financing to distressed firms in North America, Europe and Asia.
Carlyle Group introduces first two mutual funds
Alternative asset manager Carlyle Group has introduced its first two publicly listed mutual funds, paving the way for Carlyle to offer its investment platform to retail investors, Reuters reported.
EU mergers and takeovers
The following are mergers under review by the European Commission and a brief guide to the EU merger process.
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.
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A partnership was forged between KKR and KUFPEC to bid for the oil and gas subsidiary of DWE, DEA RWEDE.
The following bids, mergers, acquisitions and disposals were reported on Wednesday The following bids, mergers, acquisitions and disposals were reported on Wednesday:Germany's Siemens agreed to sell the bulk of its water technologies business to private equity group AEA Investors for 640 million euros ($862 million).
Private equity company KKR purchased minority stakes in rural wireless infrastructure-focused companies run by Associated Partners.
New York-based private equity company KKR agreed to buy Avoca Capital for an undisclosed amount. Private equity firm KKR & Co has approved the deal to purchase Avoca Capital.
Tarkett filed an IPO to be listed on the NYSE Euronext Exchange. Paris-based floor maker Tarkett filed for an initial public offering yesterday to sell shares on the NYSE Euronext Exchange.
Johnson & Johnson received numerous preliminary offers from hedge funds interested in acquiring its Ortho Clinical Diagnostics unit, said a Reuters report.
Private equity firm KKR agreed to buy a 10% stake in Chinese home appliance maker Qingdao Haier. Global investment company Kohlberg Kravis Roberts (KKR) signed a definitive agreement to purchase a 10% stake in home appliance maker Qingdao Haier.
Poplar Partners announced today that it had started its search for possible acquisitions in companies that have annual cash flows between USD1.5 and USD7 million.
Kudu, the Saudi Arabian fast food chain, had opened bidding for 60% of its shares with KKR and Abraaj as the firms front running for the bids.
