Bank of Cyprus approached by Lone Star

Bank of Cyprus approached by Lone Star

The government is faced with a race against time to ensure it has the legal power to prevent the possible takeover of the Bank of Cyprus Holdings (BoCH) by the US private equity firm Lone Star which it views as “a serious threat”. “This is a private equity firm that...
Bain Capital to Buy Olympus Science-Optics Unit for $3.1bn

Bain Capital to Buy Olympus Science-Optics Unit for $3.1bn

Olympus Corp said on Monday it has agreed to sell its microscope unit to private equity firm Bain Capital for $3bn as the Japanese company focuses its resources on medical technology. The sale of the unit, which also makes industrial endoscopes and x-ray analysers,...