Rs 1.88 crore scam: How "trusted" WhatsApp group on stock tips scammed Thane businessmanIn a sophisticated scam that played out over WhatsApp, a businessman from Thane, Maharashtra, found himself defrauded of an astonishing Rs ...
Carlyle raises more than $3 billion to invest in European techFocused on lower mid-market and growth technology companies across Europe, the fund, called CETP V, has exceeded its 2.5 billion euro targe...
Bayer closes sale of Environmental Science Professional business to international private equity firm Cinven“The conditions for closing the transaction – including the receipt of regulatory approval – have now been met. The purchase price for the ...
Orange and MasMovil sign $19 billion merger deal in SpainThe merger creates a heavyweight spanning mobile and broadband, posing a challenge to top player Telefonica and analysts say possibly openi...
Bayer CropScience adds 2% as Cinven to buy environmental biz for $2 billion“This divestment represents a very attractive purchase price and allows us to focus on our core agricultural business and the successful im...
Blackstone in advanced talks to acquire visa processing firm VFS Global for $1 billionFounded in India, VFS Global is a spinoff of Swiss travel group Kuoni. It’s 90% owned by Swedish private equity firm EQT and 10% by the Kuo...
FTSE 100 posts best week in over a month as economy strengthensThe blue-chip index rose 0.7%, with precious metal miners and base metal miners jumping 0.7% and 1.8%, respectively, while insurance stocks...
Germany's Thyssenkrupp AG completes sale of its elevator technology businessThe group had signed an agreement with the consortium of equity firms on the purchase of the elevator business in February 2020, as a restr...
KKR, Cinven among top buyout firms weighing Unilever tea bidsThe Unilever division has separately attracted interest from Swiss investment firm Jacobs Holding AG, the owner of chocolate maker Barry Ca...
Sun Pharmaceuticals among bidders for Bayer’s dermatology brandsPrivate equity players KKR, Nordic Capital, Bain Capital, Blackstone and Cinven may also be looking at buying the same assets.
- LBO firms leave backers in lurch in secondary buyouts
Secondaries accounted for a record 46% of all leveraged buyouts in Europe by value this year, according to London-based research firm Preqi...
- European IPOs may triple as govts plan sales
The pace of initial public offerings in Europe may more than triple this year, narrowing the gap with the rest of the world, as the biggest...
- Now hiring: PEs, VCs look for pros
This is in the form of at least 10 new entrants in private equity and venture capitalist space, which have opened office in India. Workplac...
- Infosys, Wipro out of race for Springer unit
Infosys Technologies and Wipro, which were in the race to acquire the captive Indian unit of European publishing group Springer, have dropp...
- Infy, Wipro in race for Springer arm
Growth hungry IT and BPO majors along with private equity players are in the race for Scientific Publishing Services (SPS), a provider of s...
- Warburg, pvt equity firm buy Dutch cable co for $2.6bn
Private equity firms Cinven and Warburg Pincus have agreed to buy Dutch cable operator Casema for $2.6bn, one of the Casema owners.
- UK fund to buy French cable group for e1.25bn
UK investment fund Cinven won permission from European Commission on Friday to buy French UPC cable television business from Liberty Global...