Amanda Janis
Dutch retail giant Royal Ahold has agreed to sell its food distribution company, US Foodservice, to KKR and CD&R for $7.1 billion.
Arlett Tygesen, former executive director of the Institutional Limited Partners Association, has joined Bear Stearns’ recently created Private Funds Group.
CDW, a low-cost tech product retailer for businesses, governments and schools, is set to be acquired by Chicago-based Madison Dearborn in a $7.3 billion transaction.
Warburg Pincus is the largest shareholder in US telecom products company Avaya, which is reportedly in take-private talks with Silver Lake Partners.
According to the PEI 50, a new league table from Private Equity International magazine, as many of the largest 50 firms in the world are based in London as in New York.
America’s largest labour union has sent out email blasts and established blogs pertaining to private equity deals it finds troubling – the action follows last week’s issuance of a buyout report and launch of an associated website.
US private equity firm TPG is exploring the possible sale of a minority stake in the firm to major state pension funds.
Puerto Rico-based financial services firm Doral Financial has said it needs a cash infusion of $700 million to $800 million and is in ‘active negotiations’ with an unnamed private equity firm.
Investment bank Challenger Capital Group has merged with Foxbridge Partners, a middle market private equity firm established last year.
Warburg Pincus is the largest shareholder in US telecom products company Avaya, which is reportedly in take-private talks with Silver Lake Partners.