Private equity firms are likely to buy retailer J. Crew Group for $43.50 a share or about $2.8 billion, though investors might balk at such a modest premium.
Continue reading Holiday Shopping Turns to M&A, …
Nokia Siemens Networks’ chief financial officer says the telecom equipment maker may launch an IPO in its distant future, a move that could help its current efforts to sell a chunk of its stock to private equity buyers.
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Harrah’s Entertainment, the world’s largest casino operator, said it is no longer “pursuing its initial public offering of common stock at this time due to market conditions.”
The casino giant, which had been planning a $532 million IPO, according to…
As the Anglo-Swedish drugmaker looks to divest assets, it seeks a buyer for its dental implants and medical devices unit Astra Tech.
Continue reading AstraZeneca Looking to Sell Unit for $2 Billion
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Warehouse retailer BJ’s Wholesale Club is in the process of hiring an advisor to explore a possible sale of the company to a private equity firm.
Continue reading BJ’s Wholesale Seeks Advisers for Possible Priv…