Hovis Holdings Ltd., an iconic U.K. breadmaker, is the subject of a number of bids from private equity and turnaround investors, according to a report from Sky News. The baker could be sold for over 100 million pounds ($128 million), with suitors including Endless...
Clayton Dubilier & Rice, a NYC-based private equity firm, is well on its way to raising its largest buyout fund to date. The buyout firm in a regulatory filing indicated it had raised around $12 billion as of Sept. 1 for Clayton Dubilier & Rice Fund XI LP,...
Aviva has sold its Singapore operation to local rival Singlife as new chief executive Amanda Blanc moves quickly to slim down the UK-based insurer’s portfolio. Ms Blanc became chief executive of Aviva in July, and last month said that she would focus the business on...
Canada’s $330 billion national pension fund will allocate more money to fuel deals by companies it owns in search of higher returns, its top executive said. Mark Machin, chief executive officer of the Canada Pension Plan Investment Board, said the strategy is...
Houston-based private equity firm Pelican Energy Partners LP plans to spin a Baker Hughes Co. business line out as its own company. Pelican has reached an agreement to buy the business called Surface Pressure Control Flow in a deal expected to close in late October or...
