Private Capital

Abris fund sues Poland for $600 mln over forced bank sale

WARSAW, Nov 27 - Central European private equity fund Abris Capital Partners said it was suing Poland for at least 2 billion zlotys ($597 million), alleging it was going to incur losses after the state forced it to sell its small local lender FM Bank PBP.

Avantha Holdings to sell stake worth nearly $139 mln in Crompton Greaves

MUMBAI, Nov 27 - India's Avantha Holdings Ltd has launched a share sale in capital goods maker Crompton Greaves Ltd to raise nearly $139 million, a term sheet with Reuters shows.

3:21am GMT

Goldman leads group investing in S.Korean online food service

HONG KONG, Nov 27 - Goldman Sachs Group Inc.'s private equity arm led a group of investors putting 40 billion won ($36.1 million) in South Korea's largest online and mobile food ordering service, as more consumers take to ordering meals from their phones.

Regulatory News, 12:39am GMT

TransCanada adopts advance notice laws for director nominations

TORONTO, Nov 26 - TransCanada Corp, under pressure from an activist hedge fund to overhaul its business, said on Wednesday its board adopted new bylaws that require advance notice of director nominations.

Regulatory News, 12:20am GMT

Online grocers come up trumps in India's e-commerce boom

MUMBAI, Nov 27 - Put off by snarled city traffic and a shortage of parking, more Indians are shopping for groceries online, helping e-tailers like and turn in profits while supermarkets are struggling.

Regulatory News 26 Nov 2014

Tibco merger vote can proceed despite $100 million error -judge

Nov 26 - Tibco Software Inc can proceed with a shareholder vote next week on its proposed $4.2 billion buyout by private equity firm Vista Equity Partners, despite an erroneous share count that initially overvalued the deal by $100 million, a Delaware judge said.

Regulatory News, 26 Nov 2014

UPDATE 1-Ex-Barclays boss Diamond says ready to grab banking bargains

LONDON, Nov 26 - Former Barclays Plc boss Bob Diamond said he intends to snap up banking assets to take advantage of the best opportunities in the industry for decades, as banks shrink and valuations remain depressed.

M&A, 26 Nov 2014

TRLPC-Investindustrial's Goldcar buy backed with 450 mln euro loan

LONDON, Nov 26 - European investment group Investindustrial's acquisition of a majority stake in Southern European car rental company Goldcar will be backed with a 450 million euro (562.68 million US dollar) loan financing, banking sources said on Wednesday.

26 Nov 2014

REFILE-TRLPC-Highly leveraged Tibco loan succumbs to investor demands

NEW YORK, Nov 26 - A high-profile $2.02 billion leveraged loan for Tibco Software is the latest US buyout deal that has been forced to add expensive perks to attract buyers as risk-averse investors hold out for better terms amid a market correction.

26 Nov 2014

UPDATE 1-Croatian retailer Agrokor lines up Rothschild for $5bln listing - sources

LONDON, Nov 26 - Food retailer Agrokor, Croatia's largest private firm, has lined up Rothschild to advise it on a public listing that could value the business at about 4 billion euros ($5 billion), several sources familiar with the matter said.

IPOs, 26 Nov 2014


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