U.S. oil pipeline operator Targa Resources will sell a 45 percent stake in some of its assets in the Bakken region for $1.6 billion as it looks to reduce debt,… read more →
British education company Pearson said on Monday it had agreed to sell its U.S. K12 courseware business to Nexus Capital Management LP for $250 million as it shifts its focus… read more →
Jinko Power, Ardian Infrastructure and White Summit Capital have agreed to construct and operate La Isla, a solar photovoltaic plant near Seville, Spain. The plant is currently in development and… read more →
General Atlantic is in talks to sell its 20 percent stake in Mu Sigma to Carlyle and KKR in separate transactions, according to Livemint. GA’s stake is expected to be… read more →
Navient Corp has rejected a $3.2 billion offer from Canyon Capital and Platinum Equity Advisors LLC because it’s too low, the Wall Street Journal reported. Navient, of Wilmington, Delaware, is… read more →
By JP Flaum, Green Peak, and Jeff Warren, Russell Reynolds New CEOs often come into portfolio companies with guns blazing, ready to change the world. But here’s one thing they… read more →
(Reuters) – U.S. discount retailer Payless ShoeSource Inc on Monday filed for voluntary Chapter 11 bankruptcy protection for the second time, along with its North American subsidiaries, and said it… read more →
The Riverside Company has made an investment in E&A Scheer, a European rum brand. No financial terms were disclosed. Allen & Overy and Advocatenkantoor Parmentier provided legal counsel to Riverside… read more →
Buyout firm Apollo Global Management LLC has agreed to acquire a majority stake in 14 television stations from privately held Cox Media Group, the company said on Friday, a move… read more →
Beecken Petty O’Keefe & Company has made a majority investment in Health-E Commerce, a parent company of pre-tax health and wellness shopping sites. No financial terms were disclosed. Financo provided… read more →