Heavy Duty Trucking
Pilot Flying J Investor Reportedly Selling Off Shares
One of the world's largest private investment firms says it plans to sell its $2 billion stake in the truckstop chain Pilot Flying J. London-based CVC Capital Partners has reportedly told investors it plans to sell its 20% share in two stages in January of 2015 and January of 2016 to the Haslam family, according to Bloomberg Businessweek.
Tue Dec 17, 2013
Wall Street Journal
CVC Raises Initial $2 Billion for Fourth Asia Fund
European private-equity shop CVC Capital Partners had an initial close for its fourth Asian fund this week, raising $2 billion from investors for what should ultimately end up being a $3.5 billion fund, people familiar with the matter said.
Fri Dec 13, 2013
Knoxville News Sentinel
Report: Private equity firm plans to sell $2 billion Pilot stake
Private equity firm CVC Capital Partners has told investors it plans to sell its stake in Pilot Travel Centers, according to a Bloomberg News story.
How IMG Earnings Got One-Time Boost Before Agency Was Put Up For Sale
The next round of bids for Forstmann Little's IMG Worldwide are due today. The groups remaining in the auction include Carlyle Group LP, Silver Lake Management LLC with William Morris Endeavor, and CVC Capital Partners.
Wed Dec 11, 2013
Private equity backers CVC sell bpost stake for 580 mln euros
Private Equity group CVC Capital Partners sold its remaining 19.7 percent stake in Belgian postal group bpost for a total of 580 million euros , the firm said on Wednesday.
European Stocks Little Changed Amid U.S. Budget Deal
European stocks were little changed, after yesterday's decline, as investors weighed the outlook for monetary stimulus after U.S. lawmakers agreed on a budget deal.
Mon Dec 09, 2013
RPT-Market Chatter- Corporate finance press digest
* Cerberus Capital Management LP is working on a mechanism that would allow its fund investors to exit Freedom Group Inc, the maker of the Bushmaster rifle used in the Newtown, Connecticut school shooting rampage, people familiar with the matter said on Sunday.
Sun Dec 08, 2013
KKR, CVC place bids for Tyco's S.Korean unit -sources
Buyout firms KKR & Co LP and CVC Capital Partners are among the suitors that have placed preliminary bids for U.S.-based Tyco International Inc's South Korean unit, a business valued at about $1.6 billion, people familiar with the matter said.
Thu Dec 05, 2013
IMG Bidders Said to Argue for Lower Price Amid Debate on Profit
Private-equity firms bidding for Forstmann Little & Co.' s talent agency IMG Worldwide Inc. are disagreeing with the earnings projection Forstmann has provided for this year, a week before final bids are due, three people with knowledge of the matter said.
Mon Dec 02, 2013
Private equity firms divest Cloetta stake for $137m
Nordic Capital Fund and CVC Capital Partners have divested their 16.1% share of Scandinavian confectioner Cloetta following the merger with Leaf.
Tue Nov 26, 2013
CVC-backed Chinese pharma retailer seeks $273 mln in HK Ipo-Ifr
CVC Capital Partners-backed Jintian Pharmaceutical Group Ltd is seeking to raise up to $273 million in a Hong Kong IPO, IFR reported on Wednesday.
Placing of shares in Cloetta AB
November 26 2013 Nordic Capital Fund V and funds advised by CVC Capital Partners have through their holding companies Cidron Pord S.A.R.L and Godis Holding S.A.R.L retained Carnegie Investment Bank and Handelsbanken Capital Markets to evaluate a placing of class B shares in Cloetta AB .
Thu Nov 21, 2013
J&J chooses two bidders for diagnostics sale negotiations: sources
These two bidders appear willing to pay the most for the unit, Ortho Clinical Diagnostics, though a deal may now value it at up to $4 billion, less than the $5 billion J&J was initially hoping for, the people said on Thursday.
CVC-backed Asia Health Century plans $300 mln Hong Kong IPO - WSJ
Chinese drug retailer Asia Health Century International, backed by private equity firm CVC Capital Partners Ltd, is planning a Hong Kong IPO of up to $300 million next month, the Wall Street Journal reported on Thursday.