Private equity http://www.globalpost.com/taxonomy/term/29037/all en Russian rocket falls into sea in failed launch - reports http://www.globalpost.com/dispatch/news/thomson-reuters/130201/russian-rocket-falls-sea-failed-launch-reports <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>MOSCOW, Feb 1 (Reuters) - A rocket carrying a communications satellite suffered engine trouble and plunged into the Pacific Ocean shortly after launch on Friday, Russian news agencies reported.</p> <p>The unsuccessful launch of the Intelsat-27 satellite was one of several setbacks for Russia's space programme in recent years, including failed satellite launches and an unsuccessful mission to study the Mars moon Phobos.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130201/russian-rocket-falls-sea-failed-launch-reports" target="_blank">read more</a></p> Business Intelsat Private equity Spaceflight Technology Thomson Reuters Fri, 01 Feb 2013 09:30:38 +0000 5742688 at http://www.globalpost.com Square scandal highlights growing pains at tech start-ups http://www.globalpost.com/dispatch/news/thomson-reuters/130211/square-scandal-highlights-growing-pains-at-tech-start-ups <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Sarah McBride</p> <p>SAN FRANCISCO, Feb 11 (Reuters) - When Square Chief Operating Officer Keith Rabois left his job last month, citing legal threats from a young colleague with whom he had a two-year relationship, he threw a spotlight on the risks associated with the freewheeling startup culture that many entrepreneurs cherish.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130211/square-scandal-highlights-growing-pains-at-tech-start-ups" target="_blank">read more</a></p> Business Employment Human Interest Keith Rabois Labor Law Private equity Thomson Reuters Mon, 11 Feb 2013 09:00:28 +0000 5752390 at http://www.globalpost.com RPT-Square scandal highlights growing pains at tech start-ups http://www.globalpost.com/dispatch/news/thomson-reuters/130211/rpt-square-scandal-highlights-growing-pains-at-tech-start-ups <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Sarah McBride</p> <p>SAN FRANCISCO, Feb 11 (Reuters) - When Square Chief Operating Officer Keith Rabois left his job last month, citing legal threats from a young colleague with whom he had a two-year relationship, he threw a spotlight on the risks associated with the freewheeling startup culture that many entrepreneurs cherish.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130211/rpt-square-scandal-highlights-growing-pains-at-tech-start-ups" target="_blank">read more</a></p> Business Employment Human Interest Keith Rabois Labor Law Private equity Thomson Reuters Mon, 11 Feb 2013 12:15:51 +0000 5752563 at http://www.globalpost.com FEATURE-Inmates go high-tech as startup mania hits San Quentin http://www.globalpost.com/dispatch/news/thomson-reuters/130224/feature-inmates-go-high-tech-startup-mania-hits-san-quentin <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Gerry Shih</p> <p>SAN QUENTIN, Calif., Feb 24 (Reuters) - One by one, the entrepreneurs, clad in crisp blue jeans and armed with PowerPoint presentations, stood before a roomful of investors and tech bloggers to explain their dreams of changing the world.</p> <p>For these exuberant times in Silicon Valley, the scene was familiar; the setting, less so.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130224/feature-inmates-go-high-tech-startup-mania-hits-san-quentin" target="_blank">read more</a></p> Business Human Interest Private equity San Quentin State Prison Social Issues Technology Venture capital Thomson Reuters Sun, 24 Feb 2013 22:46:10 +0000 5765384 at http://www.globalpost.com UPDATE 1-Perform buys Dutch soccer site, profit doubles http://www.globalpost.com/dispatch/news/thomson-reuters/130305/update-1-perform-buys-dutch-soccer-site-profit-doubles <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>LONDON, March 5 (Reuters) - Digital sports rights group Perform bought a Dutch soccer website on Tuesday, continuing a trend of bolt-on deals that helped the company to double annual profit in 2012.</p> <p>Perform said on Tuesday it was paying an initial 2 million euros ($2.6 million) for Voetbalzone.nl, with an additional payment of up to 10.5 million euros to be made depending on performance over the next three years.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130305/update-1-perform-buys-dutch-soccer-site-profit-doubles" target="_blank">read more</a></p> Earnings before interest, taxes, depreciation and amortization Entertainment Fundamental analysis Private equity Technology Thomson Reuters Tue, 05 Mar 2013 08:15:38 +0000 5773589 at http://www.globalpost.com AXA Private Equity raises 1.75 billion euros for infrastructure http://www.globalpost.com/dispatch/news/thomson-reuters/130317/axa-private-equity-raises-175-billion-euros-infrastructure <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Tommy Wilkes</p> <p>LONDON (Reuters) - The private equity arm of French insurance giant AXA &lt;AXAF.PA&gt; has raised 1.75 billion euros (1.5 billion pounds) for investments in European infrastructure, in a further sign of buoyant demand for road, rail and energy assets.</p> <p>The AXA Infrastructure Fund III, the group's largest to date, closed with 1.45 billion euros while investors committed a further 300 million euros for investments outside the fund.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130317/axa-private-equity-raises-175-billion-euros-infrastructure" target="_blank">read more</a></p> Financial economics Investment Private equity Thomson Reuters Mon, 18 Mar 2013 00:30:03 +0000 5786345 at http://www.globalpost.com Intelsat plans IPO in New York http://www.globalpost.com/dispatch/news/afp/130402/intelsat-plans-ipo-new-york <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Satellite operator Intelsat Global Holdings announced Tuesday a plan for an initial public offering on the New York Stock Exchange.</p> <p>The privately held company said it would price the shares between $21 and $25 per share to raise as much as $710 million. The date of the IPO was not announced.</p> <p>The Luxembourg group, which will simplify its name to Intelsat SA and trade under the ticker "I," proposed to issue 21.74 million common shares and three million Series A mandatory convertible junior non-voting preferred shares. </p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130402/intelsat-plans-ipo-new-york" target="_blank">read more</a></p> Intelsat Investment Private equity Technology AFP Tue, 02 Apr 2013 14:30:30 +0000 5799312 at http://www.globalpost.com Intelsat plans scaled-back IPO in New York http://www.globalpost.com/dispatch/news/afp/130402/intelsat-plans-scaled-back-ipo-new-york <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Satellite operator Intelsat Global Holdings revived Tuesday its plan for an initial public offering on the New York Stock Exchange, aiming to raise up to $710 million, less than half of what it envisioned last year.</p> <p>Intelsat, the privately held satellite-services giant, plans to use the IPO proceeds to pay down debt, according to a filing with the US Securities and Exchange Commission.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://www.afp.com/" class="button wire afp"></a></p> <p><a href="http://www.globalpost.com/terms-use#afp"><span>Copyright AFP, 2013.</span></a></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/afp/130402/intelsat-plans-scaled-back-ipo-new-york" target="_blank">read more</a></p> Intelsat Investment Private equity Technology AFP Tue, 02 Apr 2013 17:47:17 +0000 5799649 at http://www.globalpost.com Bankers prepare 4 billion pounds Acromas debt refinancing - sources http://www.globalpost.com/dispatch/news/thomson-reuters/130415/bankers-prepare-4-billion-pounds-acromas-debt-refinancing-sourc <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Claire Ruckin</p> <p>LONDON (Reuters) - Bankers are working on a refinancing of the 4 billion pound ($6.2 billion) debts of the private equity-owned firm behind British motoring services firm AA &lt;AUTSO.UL&gt; and travel company Saga, banking sources said on Monday.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130415/bankers-prepare-4-billion-pounds-acromas-debt-refinancing-sourc" target="_blank">read more</a></p> Finance Financial economics Private equity Thomson Reuters Mon, 15 Apr 2013 16:15:46 +0000 5816086 at http://www.globalpost.com Exclusive - Bain nears $3 billion fundraising close: sources http://www.globalpost.com/dispatch/news/thomson-reuters/130415/exclusive-bain-nears-3-billion-fundraising-close-sources <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Greg Roumeliotis</p> <p>NEW YORK (Reuters) - Bain Capital LLC is close to securing commitments from investors for about half the $6 billion (3.9 billion pounds) target for its latest private equity fund, two people familiar with the matter said on Monday.</p> <p>The Boston-based buyout firm is finalizing subscriptions from investors for close to $2.5 billion for Bain Capital Fund XI, the people said. The amount does not include a $600 million commitment from the firm's fund managers.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130415/exclusive-bain-nears-3-billion-fundraising-close-sources" target="_blank">read more</a></p> Bain Capital Bain Capital LLC Business Finance Financial economics Investment Labor Law Private equity Thomson Reuters Mon, 15 Apr 2013 19:15:13 +0000 5816393 at http://www.globalpost.com Infineon, Philips may have colluded on EU smart chip prices http://www.globalpost.com/dispatch/news/thomson-reuters/130422/eu-regulators-say-smart-cart-chipmakers-may-have-been-cartel <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Foo Yun Chee</p> <p>BRUSSELS (Reuters) - Infineon Technologies, Philips and several other chipmakers could face fines after European competition regulators said they may have colluded to fix prices for chips used in mobile SIM cards, passports and bank cards.</p> <p>The European Commission said it sent documents setting out its concerns to companies it suspected of behaving like a cartel in the market for smart card chips, which are also used in pay television systems and identity cards.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130422/eu-regulators-say-smart-cart-chipmakers-may-have-been-cartel" target="_blank">read more</a></p> Anti-competitive behaviour Business Private equity Security Semiconductor companies Smart cards Social Issues Technology Thomson Reuters Mon, 22 Apr 2013 10:15:29 +0000 5822121 at http://www.globalpost.com GSK to partner with venture capital firm for drug discovery http://www.globalpost.com/dispatch/news/thomson-reuters/130422/gsk-partner-venture-capital-firm-drug-discovery <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>(Reuters) - GlaxoSmithKline &lt;GSK.L&gt; said on Monday it will partner with venture capitalists Avalon Ventures in a deal worth up to $495 million (£323.66 million) to fund as many as 10 drug-discovery startup companies over the next three years.</p> <p>GSK will provide financing and technical support to startups established by Avalon Ventures and will have first rights on buying each new company, GSK spokeswoman Melinda Stubbee said.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130422/gsk-partner-venture-capital-firm-drug-discovery" target="_blank">read more</a></p> Business GlaxoSmithKline Labor Law Private equity Technology Venture capital Thomson Reuters Tue, 23 Apr 2013 00:15:29 +0000 5822760 at http://www.globalpost.com Software maker Textura shines in debut, shares jump 68 percent http://www.globalpost.com/dispatch/news/thomson-reuters/130607/software-maker-textura-shines-debut-shares-jump-68-percent <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Ashutosh Pandey</p> <p>(Reuters) - Shares of Textura Corp &lt;TXTR.N&gt;, a maker of software for the construction industry, rose as much as 68 percent in their market debut, highlighting investors' love affair with enterprise software makers.</p> <p>Enterprise companies, which sell services to businesses rather than individuals, have risen 37 percent on average in the two years following their IPOs, compared with 13 percent for consumer companies, according to market data firm Ipreo.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130607/software-maker-textura-shines-debut-shares-jump-68-percent" target="_blank">read more</a></p> Corporate finance Financial economics Private equity Technology Thomson Reuters Fri, 07 Jun 2013 15:22:55 +0000 5852543 at http://www.globalpost.com Providence Equity suffers another senior Asia departure http://www.globalpost.com/dispatch/news/thomson-reuters/130612/providence-equity-suffers-another-senior-asia-departure <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Stephen Aldred and Denny Thomas</p> <p>HONG KONG (Reuters) - Providence Equity Partners has lost another top executive in Asia, its fourth senior departure in the region since 2008, as it struggles with a limited supply of suitable investment targets and a shrinking volume of Asian private equity deals.</p> <p>For Providence, the supply of companies is particularly restricted because it focuses on technology, media and telecom investing, and education.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130612/providence-equity-suffers-another-senior-asia-departure" target="_blank">read more</a></p> Financial economics Investment Private equity Providence Equity Partners Technology Thomson Reuters Wed, 12 Jun 2013 23:35:21 +0000 5856811 at http://www.globalpost.com BC Partners to buy Springer Science for 3.3 billion euros http://www.globalpost.com/dispatch/news/thomson-reuters/130617/sale-springer-science-bc-partners-still-option-sources <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>FRANKFURT (Reuters) - Buyout firm BC Partners agreed to buy German publisher Springer Science+Business Media for about 3.3 billion euros ($4.4 billion) on Wednesday, the largest private-equity acquisition in Germany for seven years.</p> <p>Owners EQT and Government of Singapore Investment Corporation had been pursuing both a direct sale and a flotation, which appears to have paid off by pushing up the offer price.</p> <div class="field field-type-text field-field-wire-copyright"> <div class="field-items"> <div class="field-item odd"> <p><a href="http://thomsonreuters.com" class="button wire reuters"></a></p> <p><span>Copyright Thomson Reuters, 2013.</span></p> </div> </div> </div> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130617/sale-springer-science-bc-partners-still-option-sources" target="_blank">read more</a></p> Financial economics Investment Private equity Social Issues Thomson Reuters Tue, 18 Jun 2013 00:30:22 +0000 5859409 at http://www.globalpost.com