A group of private-equity investors is calling on the CEO of Chinese Internet giant Alibaba Group to throw his support behind a buyout offer for Yahoo, Reuters reports. Alibaba founder Jack Ma is reportedly considering his opt…
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.
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.
Filed Under: Company News, Health Care, Earnings, Insurance
Over the last 11 years, Asia’s IPO market has ascended while the U.S. market has imploded. Led by China, which has raised $76 billion through IPOs in 2010, Asia’s share of global IPOs has increased from 12% in 1999 to 66%. Mean…
Harrah’s Entertainment hopes to hit a $531.3 million jackpot when it launches its IPO, and the company is betting heavily on its new name change to Caesars Entertainment.
Continue reading Harrah Eyes $531.3 Mil…
Hitachi is preparing an IPO for its Global Storage Technologies unit, looking to finally rid itself of an unprofitable hard drive business that has been an albatross around its neck for years. In its announcement Tuesday, Hitac…