Amanda Janis
Energy-focused Natural Gas Partners is set to acquire the power production and development businesses of MDU Resources Group for $636 million.
Oak Hill Capital has placed a $1.4 billion order for six Boeing 777 freight planes, which the Robert Bass-led firm will then lease. The planes will add to the firm’s existing portfolio of 25 passenger aircraft.
Audio equipment maker Harman International Industries has agreed to be acquired by KKR and GSCP for $8 billion.
Equipment rental company RSC Holdings, purchased last year by Ripplewood and Oak Hill, raised $458 million in an initial public offering; the 20.3 million share offering raised less than expected, and the company’s stock has been trading below the IPO’s $22 per share price.
Goldman Sachs’ private equity arm has agreed to acquire polymer products manufacturer Myers Industries for $1 billion, days after the firm closed a record-breaking $20 billion fund.
Venrock, the venture capital firm originally established by the Rockefeller family, has closed a new fund on $600 million and hired David Siminoff as a general partner.
Equipment rental company RSC Holdings, purchased last year by Ripplewood and Oak Hill, raised $458 million in an initial public offering; the 20.3 million share offering raised less than expected, and the company’s stock has been trading below the IPO’s $22 per share price.
Goldman Sachs’ private equity arm has agreed to acquire polymer products manufacturer Myers Industries for $1 billion, days after the firm closed a record-breaking $20 billion fund.
Venrock, the venture capital firm originally established by the Rockefeller family, has closed a new fund on $600 million and hired David Siminoff as a general partner.
The US’ largest labour union has issued a scathing report on buyouts, and challenged the private equity industry to reduce income inequality and ‘restore promise in the American Dream’ – prompting a response from the Private Equity Council.