Alto Equity Partners AB-backed Swedish Bank To Buy HQ Bank
(Reuters) - Swedish investment bank Carnegie, owned by private equity groups, said on Friday it was buying HQ Bank, which was closed by authorities last weekend for breaking risk rules.
HQ Bank, which is owned by holding company HQ (HQ.ST: Quote, Profile, Research, Stock Buzz) , was put into liquidation on Monday, a decision which the...
Silverfleet Plans To Sell Sterigenics
(Reuters) - Private equity firm Silverfleet Capital is seeking to sell Sterigenics, the Chicago-based firm whose gamma-ray sterilisation technology is used by medical device makers, sources familiar with the situation said on Thursday.
Silverfleet is hoping the business, which it bought in 2004, will fetch about $800 million and expects it will attract interest from private...
Rescare Undecided On $370 Million Buyout Offer From Onex
Rescare said Thursday that it has yet to make a decision on a $370 buyout offer from Canadian private equity firm Onex Corp., according to Bloomberg News.
Rescare, a home health services provider, said a special committee of independent directors continues to hold talks with Onex. There's no assurance any deal will result from the talks,...
Wicks Group Buys Provider of Audio and MultiMedia Content
An affiliate of Wicks Group of Cos. LLC bought Antenna Audio Inc., Antenna Audio Ltd. and subsidiaries from Discovery Communications. Antenna provides audio and multimedia content at museums, exhibitions, historic sites and other venues.
3G Capital Scoops Up Home Of The Whopper for $4 Billion
Burger King is changing hands again. 3G Capital has agreed to buy the home of the Whopper for about $4 billion.
3G Capital is paying $24 a share, according to an announcement Thursday. The WSJ says that banks are financing about $2.8 billion of the deal. John Chidsey, BK’s Chairman and CEO, will stay...
UPDATE: Alpha Packaging CEO Confirms Sale to Irving Place
Irving Place Capital looks to be closing in on another deal. The former Bear Stearns Merchant Banking is buying Alpha Packaging.
Stonebridge Partners, which invested in Alpha in 2005, is the seller. Last week, Bank of Ireland, GE Capital and BMO Capital Markets launched a $120 million loan to back the acquisition from Irving, a source...
Is Legg Mason On The Block?
The asset management sector continues to look for the next big deal and this time Legg Mason is the topic of takeover rumors.
Last week, sale speculation drove up Legg Mason’s option trading to five times the normal levels. But there was no mention of details or who might buy Legg Mason.
Is Legg up for sale?...
Report: Carlyle buys 51% stake in Brazil Scalina
(Reuters) - Private equity fund Carlyle Group concluded the purchase of a 51 percent stake in Brazil's Scalina, the owner of a pantyhose maker, Folha de S. Paulo reported on Sunday.
The funds for the 280 million reais-deal ($159.7 mln) will come from South America Buyout, a Carlyle fund, and a fund Carlyle has in partnership...
FT: PE Shops Looking to Invest in Nokia Siemens Networks
PE firms are in talks to invest in Nokia Siemens Networks, the network equipment joint venture owned by Nokia and Siemen.
However, neither Nokia nor Siemens is seeking an early exit from NSN, the Financial Times reported Sunday.
A handful of investors ...
Bain Beats Warburg In Air Medical Auction
Just a short post on the Air Medical Group sale before I head out for the weekend.
Bain Capital inked a deal last night to buy Air Medical for $1 billion. Brockway Moran & Partners and MVP Capital Partners are the sellers.
Air Medical, which flies people in need of critical care to hospitals or medical centers,...
TowerBrook Capital Seeks To Buy Southern Cross Health Care
(Reuters) - Private-equity firm Towerbrook Capital said on Friday it had made an indicative offer to buy care-homes operator Southern Cross Health Care Group (SCHE.L), sending shares in the British company up as much as 64 percent. Towerbrook said in a statement on Friday it was considering whether to make an offer for the company.
Southern...
