HCA to Pay $2 Billion Dividend to Private Equity Owners

Hospital chain HCA will issue a $2 billion dividend to private-equity owners including KKR & Co. and Bain Capital LLC.

HCA will use a $1.5 billion high-yield bond sale to help pay for the dividend, Bloomberg News reported.

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A private equity consortium purchased HCA for $33 billion four years ago. In May, the company filed to sell as much as $4.6 billion worth of shares in an IPO….

Continue reading HCA to Pay $2 Billion Dividend to Private Equity Owners

HCA to Pay $2 Billion Dividend to Private Equity Owners originally appeared on DailyFinance on Tue, 09 Nov 2010 08:46:00.

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General Electric to Invest $2 Billion in China

The conglomerate said Tuesday that it plans to invest more than $2 billion in China through 2012 in research and development, technology and financial services partnerships. The move marks GE’s “confidence in China’s long-term …

Earnings for China’s LDK Solar Far Outshine Estimates

The Chinese maker of solar wafers, modules and cells reported third-quarter earnings that easily beat analyst estimates on strong demand and improved pricing environment. The company also raised its outlook much above expectati…

Danone in Talks to Sell Bottled Water Business

Groupe Danone SA (DANOY) is in talks with Japanese companies to sell its bottled water business, including the iconic Evian brand, in a deal worth as much as $7 billion.

Danone is in talks with companies including Kirin Holdings (KNBWY), The Wall Street Journal said without naming its sources. Other potential buyers include Suntory Holdings and Asahi Breweries (ASBRY).

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It is still…

Continue reading Danone in Talks to Sell Bottled Water Business

Danone in Talks to Sell Bottled Water Business originally appeared on DailyFinance on Tue, 09 Nov 2010 08:05:00.

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