Private Capital

IFC plans to invest in Malaysia's Khazanah healthcare arm

KUALA LUMPUR, May 26 - International Financial Corp (IFC), a member of the World Bank Group, is planning to take part in the planned $1.5 billion listing of Malaysia's Integrated Healthcare Holdings (IHH) in a move to help validate IHH's emerging markets strategy, according to IFC's official website.

REFILE-UPDATE 2-Icahn buys Chesapeake stake, seeks board changes

(Corrects to remove company did not comment; comments appear in paragraph 10)

Regulatory News, 25 May 2012

Icahn reports 7.6 pct Chesapeake stake, seeks to replace 4 directors

May 25 - Activist investor Carl Icahn reported a 7.6 percent stake in oil and gas company Chesapeake Energy Corp , and asked for at least four members of its board to be replaced.

Regulatory News, 25 May 2012

Deals of the day -- mergers and acquisitions

May 25 - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Friday:

Media, 25 May 2012

US IRS preps for potential private equity tax hike

WASHINGTON, May 25 - U.S. tax regulators are preparing for a potential tax hike on profits earned by private equity managers such as Republican presidential candidate Mitt Romney known as "carried interest," to be ready if the issue flares up in coming months.

25 May 2012

UPDATE 1-Sale of German cable firm Primacom launches -sources

* Kabel Deutschland CEO says will not take part in bidding (Adds Kabel Deutschland comment)

Regulatory News, Media 25 May 2012

RLPC-PAI withdraws from Iglo race -sources

LONDON, May 25 - Private equity firm PAI Partners has pulled out of the race to buy Iglo Group, Europe's biggest frozen food company, leaving Blackstone and BC Partners as frontrunners for a company that could fetch 3 billion euros ($3.75 billion), banking sources said on Friday.

25 May 2012

UPDATE 3-Germany's Evonik to brave jittery IPO market

* First trading day in Frankfurt seen before summer break

IPOs, Regulatory News 25 May 2012

RLPC-Cinven's Camaieu seeks debt changes -sources

LONDON, May 25 - Private equity owned French clothing retailer Camaieu has asked lenders to amend roughly 1.2 billion euros ($1.5 billion) of loans to avoid breaching a covenant after a winter of weak consumer spending, banking sources said on Friday.

25 May 2012

Motor racing-Brabeck installed as F1 chair

MONACO, May 25 - Formula One motor racing has installed Nestle's Peter Brabeck as its chairman following a board meeting at the Monaco Grand Prix on Friday, Brabeck told Reuters.

Deals

M&A ($B)

 
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