Incline exits Caldwell and Gregory

Incline exits Caldwell and Gregory

Pittsburgh Business Times 03 June 2013 Incline Equity Partners, a Pittsburgh-based private equity firm, on Monday said it has transitioned its stake in Caldwell and Gregory LLC, a Manakin-Sabot, Va.-based laundry room provider/servicer for higher education and...
Buyout group CD&R eyes merger of Balfour and Rentokil units

Buyout group CD&R eyes merger of Balfour and Rentokil units

Financial Times 3 June 2013 New York-based buyout group Clayton Dubilier & Rice is exploring a combination of the office maintenance business units of Balfour Beatty and Rentokil Initial, in a move to create a larger, more profitable UK operator. UK pest control...
Abertis in talks to sell Luton Airport to AENA

Abertis in talks to sell Luton Airport to AENA

Reuters 03 June 2013 Barcelona-based infrastructure firm Abertis is in talks with Spanish airport operator AENA to sell its stake in London Luton Airport, a spokesman said, in deal valued by the market at about 400 million euros ($521 million). * AENA teams up with...
Blackstone in $1bn Brazil property venture

Blackstone in $1bn Brazil property venture

Financial Times June 07 2013 Blackstone Group and its Brazilian partner are set to sign a $1bn deal with homebuilder Gafisa for a controlling stake in its high-end residential subsidiary, according to people familiar with the matter. The US private equity group, which...
Alibaba Buys Xiami, Major Music Streaming Site

Alibaba Buys Xiami, Major Music Streaming Site

International Business Times 04 June 2013 Alibaba has finalized a deal to acquire Xiami, a major music-streaming service, as the ecommerce giant positions itself to take over China’s online music industry. Former Alibaba CEO Jack Ma, who stepped down last month,...