Private equity firms had been seen selling its ownership stakes in small and medium companies in China to gain back equity.
Tags: Warburg Pincus
UK's Poundland to raise GBP200 million to GBP300 million in London listing next year
British discount chain Poundland is preparing for a London listing that could give it a valuation of up to GBP800 million. US-based private equity firm Warburg Pincus, which controls Poundland, is looking to raise GBP200 million to GBP300 million in the initial public offering.
Indian companies nab 360 private equity deals worth a combined USD8.9 billion
Companies in India closed 360 private equity deals in the January-October period of this year. The total value of private equity deals amounted to USD8.9 billion.
Warburg Pincus dealmaker Kewsong Lee is now Carlyle's Deputy Chief Investment Officer
Carlyle Group hired weteran buyout Warburg Pincus executive Kewsong Lee to be its Deputy Chief Investment Officer.
Deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Monday The following bids, mergers, acquisitions and disposals were reported on Monday: BlackBerry Ltd is abandoning a plan to sell itself and instead will replace its chief executive and raise about $1 billion from institutional investors, including its largest shareholder, the smartphone maker said.
Latest News
Warburg Pincus' Antero Resources had priced above its planned IPO range that valued the company at USD11 billion, said a Reuters report.
CrowdStrike scored USD 30 million in its Series B round. CrowdStrike announced the closing of its Series B round with USD 30 million. The financing was led by Accel Partners.
Rural/Metro Corp. filed for Chapter 11 bankruptcy protection at the U.S. Bankruptcy Court in Wilmington, Delaware on Sunday.
Sources said that the Warburg Pincus-owned Rural/Metro is considering a possible bankruptcy filing. Sources close to Rural/Metro, the country's biggest private ambulance service operating in rural communities, said that the company is considering a possible bankruptcy filing.
Private equity firm KKR finalized its purchase of ReSearch Pharmaceutical Services from Warburg Pincus.
Rural/Metro Corp. stated that it was in a position that made them miss a critical bond payment, hinting at the company's financial troubles.
Welsh, Carson, Anderson & Stowe announced today that it has agreed to buy Service Repair Solutions which is backed by private equity firm, Warburg Pincus.
Welsh, Carson, Anderson & Stowe, a private equity firm announced that they will be acquiring Service Repair Solutions from Warburg Pincus.
Warburg Pincus is set to form an investment fund for Delonex Energy and its plans for oil exploration in Africa.
