Carlyle has emerged as the preferred bidder for IT services firm Hexaware for a $3bn acquisition. The Carlyle Group has reached an agreement with a group of banks to raise over $1bn to support its planned acquisition of Mumbai-based Hexaware Technologies, three people...
888 and Apollo Global Management are the remaining contenders for the William Hill assets being auctioned by Caesars Entertainment. CVC Capital Partners has dropped out of the bidding. Unidentified sources close to the matter tell Bloomberg CVC is out, marking at...
Telit Communications PLC said Tuesday that its shares will be delisted from the London Stock Exchange on Wednesday after its takeover by DBAY Advisors Ltd. becomes effective. The asset-management firm is being taken over at 229.5 pence (315.8 cents) a share, raised...
One of the country’s biggest lettings agencies could be about to change hands for up to £400m. City sources said the private equity owner of Leaders Romans Group has appointed bankers from NM Rothschild to work on a ‘strategic review’ of the business, which could...
Reddit is seeking to hire investment bankers and lawyers for an initial public offering in New York, two people familiar with the matter told the Reuters news agency. Reddit was valued at $10bn in a private fundraising round last month. By the time the IPO would take... 