New Jersey’s Bubbakoo’s Burritos acquired by private equity firm
WALL TOWNSHIP, N.J. — Bubbakoo’s Burritos, the fast-casual Mexican-fusion chain founded in New Jersey, has been acquired by Thompson Street Capital Partners, a private equity firm based in St. Louis, the companies…
Private equity backed US peach farm files for bankruptcy to pursue sale
By Dietrich Knauth NEW YORK (Reuters) – Prima, a private-equity backed farmer that is the largest producer of peaches and other stone fruit in North America, filed for Chapter 11 bankruptcy protection…
IMF: Sri Lanka can discuss proposals from private creditors including GDP-linked bonds
MARRAKECH, Morocco (Reuters) – Sri Lanka’s authorities can negotiate any proposals private creditors make, such as issuing GDP-linked bonds, a senior International Monetary Fund official said on Friday. Krishna Srinivasan, Director of…
Private Citizens Organizing Israel Evacuations and Airlifts As State Department Flounders
TRENTON, NJ – Hundreds of New Jersey residents are stranded in Israel after commercial airlines grounded flights in and out of the war-torn country. Thousands of Americans nationwide have family members and…
Toshiba to go private on Dec 20 after successful $13 billion takeover bid
TOKYO (Reuters) – Toshiba Corp said on Thursday it will hold an extraordinary shareholder’s meeting on Nov. 22 to approve the consolidation of its shares, which will be delisted from the Tokyo…
Scotiabank, Sun Life partner to help wealthy Canadians invest in private credit
By Nivedita Balu TORONTO (Reuters) – Bank of Nova Scotia and Sun Life Financial’s asset-management division are partnering to tap into the demand from wealthy Canadians looking to invest in private credit,…
China issues legal guidelines to support private business
BEIJING (Reuters) – China’s highest court on Tuesday issued guidelines to improve the legal environment for private business, state media CCTV said, suggesting renewed efforts by policymakers to support the private sector,…
World Bank explores expanding loan guarantees for private financing
By Jorgelina do Rosario MARRAKECH (Reuters) – The World Bank on Monday said it is looking at ways to expand the guarantees it provides for commercial loans to boost the private financing…
Spain’s PLD Space launches private rocket in milestone for Europe
By Graham Keeley and Tim Hepher MADRID (Reuters) -Spanish company PLD Space launched its recoverable Miura-1 rocket early on Saturday from a site in southwest Spain, carrying out Europe’s first fully private…
US private equity firms challenge Amentum in race for Jacobs unit -sources
By David Carnevali NEW YORK (Reuters) – U.S. buyout firms Veritas Capital and Platinum Equity are vying to acquire Jacobs Solutions Inc’s government consulting business, competing against rival contractor Amentum, according to…
Kenya private sector activity contracts in September – PMI
NAIROBI (Reuters) – Private sector activity in Kenya contracted in September as rising fuel prices hurt business right across the manufacturing, services, wholesale, retail and construction sectors, a survey showed on Wednesday.…
Ackman’s SPARC is seeking new deals with private companies
(Reuters) – Pershing Square SPARC Holdings Ltd, said that it will pursue business combinations with privately-held companies after receiving regulatory approval from U.S regulators for distributing special purpose acquisition rights. The SPARC,…
Wells Fargo sells $2 billion of private equity investments
(Reuters) – Wells Fargo said on Friday it had sold about $2 billion of its private equity investments as the bank aims to sharpen focus on its core businesses. Lenders have been…
Social media and private partnership: inside the changes at India’s space agency
By Nivedita Bhattacharjee BENGALURU (Reuters) – When the Indian Space Research Organization’s (ISRO) Chandrayaan-3 mission landed on the moon, more than 8 million people tuned in for the event’s YouTube live-stream –…
Sycamore to take apparel retailer Chico’s FAS private for nearly $1 billion
By Savyata Mishra (Reuters) -Chico’s FAS will be taken private by Sycamore Partners for $938.1 million in an all-cash deal, the apparel retailer said on Thursday, sending its shares surging to close…
U.S. private firms eye Ukraine investment, but Ukraine must reform- U.S. envoy
By Jan Strupczewski BRUSSELS (Reuters) – U.S. private companies would like to invest in Ukrainian energy, housing, infrastructure, agriculture, transport and mining, but Ukraine must make reforms in accountability and transparency to…
This Once Beautiful Jersey Shore Private Island Has Fallen Into Disrepair and a Legal Mess
TOMS RIVER, NJ – If you’ve ever been on a boat in the Barnegat Bay, you know that house we’re talking about. Situated on Middle Sedge Island in the middle of the…
Goldman Sachs raises over $15 billion for secondary private equity deals
By Saeed Azhar NEW YORK (Reuters) – Goldman Sachs’ asset management arm said two funds have closed, raising more than $15 billion for funds that enable investors to make secondary investments in…
Australian pension fund chief bullish on private equity, debt deals
By Lewis Jackson and Scott Murdoch SYDNEY (Reuters) – The next 18 months is an ideal time for unlisted asset deals, said the head of one of Australia’s largest pension funds, as…
Private jet firm Wheels Up appoints Delta board member its new CEO
(Reuters) – Aviation firm Wheels Up named Delta Air Lines’ board member George Mattson its new chief executive on Thursday, weeks after the loss-making company received a $500-million lifeline from a consortium…
Denodo raises $336 million in funding from private equity giant TPG
(Reuters) – Private equity firm TPG has agreed to invest $336 million in data management company Denodo, in a deal that underscores the dissipating gloom over private market funding that had squeezed…
Wealthy families pile into bonds, private equity while shedding stocks – Citi
By Tatiana Bautzer NEW YORK (Reuters) – Wealthy families loaded up on bonds and private equity investments in the first half of the year while slashing their stock exposure, according to a…
Cetera to take Avantax private in $1.2 billion all-cash deal
(Reuters) -Financial advisor Cetera Financial Group will take wealth management solutions provider Avantax private after agreeing to acquire all of its issued and outstanding equity in an all-cash deal, valuing it at…
SocGen and Brookfield to launch private debt fund
PARIS (Reuters) – French lender Societe Generale and asset manager Brookfield Corp plan to launch a private debt fund targeting total volume of 10 billion euros ($10.73 billion) over the next four…
Residents Concerned After Private Investigator Caught Spying
JACKSON TOWNSHIP, NJ – A private investigator has been following residents of Jackson in the Orthodox Jewish community. The man, who identified himself as a private investigator working for a ‘group of…
Barclays hires JPMorgan’s Oberle to oversee private equity relationships for Americas
By Svea Herbst-Bayliss and Nupur Anand NEW YORK (Reuters) – Barclays hired Christian Oberle from JPMorgan Chase to oversee its relationships with private equity (PE)firms in the Americas region, Barclays confirmed on…
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