Freya's Feed
Dec 16, 2014

Three groups seen competing for Holcim-Lafarge assets – sources

FRANKFURT/LONDON, Dec 16 (Reuters) – The battle for the
assets cement firms Lafarge and Holcim must
sell to get the go-ahead for their merger will likely be between
three groups, several people familiar with the matter said.

The three groups expected to hand in binding bids by a
mid-January deadline are: Irish cement maker CRH ;
Blackstone, Cinven and Canadian pension fund
CPP; a team consisting of CVC and sovereign wealth
funds the Abu Dhabi Investment Authority (ADIA) and Singapore’s
GIC.

Dec 12, 2014

Exclusive: Chef Jamie Oliver’s empire whips up investor interest

LONDON (Reuters) – British celebrity chef Jamie Oliver is looking to outside investors to help expand his growing network of Italian restaurants and to fund an online TV project, sources familiar with the situation said.

Oliver, who has amassed a fortune of 240 million pounds ($377 million) according to the Sunday Times Rich List, could raise funds early next year to support his media initiatives.

Dec 12, 2014

Chef Jamie Oliver’s empire whips up investor interest

LONDON, Dec 12 (Reuters) – British celebrity chef Jamie
Oliver is looking to outside investors to help expand his
growing network of Italian restaurants and to fund an online TV
project, sources familiar with the situation said.

Oliver, who has amassed a fortune of 240 million pounds
($377 million) according to the Sunday Times Rich List, could
raise funds early next year to support his media initiatives.

Dec 9, 2014

Exclusive: AAR lines up potential $988 million sale of cargo firm Telair – sources

LONDON (Reuters) – U.S. aviation support company AAR Corp (AIR.N: Quote, Profile, Research, Stock Buzz) has begun the sale of cargo handler Telair in a deal that could value the German business at up to 800 million euros ($988 million), three sources familiar with the matter said on Tuesday.

European private equity firms Cinven [CINV.UL] and EQT are among those through to the second round of the process being run by U.S. bank Citi (C.N: Quote, Profile, Research, Stock Buzz), the sources said.

Dec 9, 2014

AAR lines up potential $988 mln sale of cargo firm Telair -sources

LONDON, Dec 9 (Reuters) – U.S. aviation support company AAR
Corp has begun the sale of cargo handler Telair in a
deal that could value the German business at up to 800 million
euros ($988 million), three sources familiar with the matter
said on Tuesday.

European private equity firms Cinven and EQT are
among those through to the second round of the process being run
by U.S. bank Citi, the sources said.

Dec 4, 2014

Urenco owners favour listing in push to sell uranium firm – sources

FRANKFURT/LONDON, Dec 4 (Reuters) – A stock market listing
is the preferred option for Urenco, the uranium enrichment
company that co-owners Britain, the Netherlands and Germany are
trying to sell, according to three sources familiar with the
matter.

The owners are also still pursuing an auction for the asset,
the sources told Reuters, but added the focus had shifted to an
initial public offering (IPO), even though such a step may only
materialise after a general election in Britain in May next
year.

Dec 4, 2014

Bidders line up for Fortum’s 4.7 billion pounds Swedish grid – sources

LONDON (Reuters) – Bidders including Borealis, Macquarie and Cheung Kong Infrastructure Holdings (CKI) are lining up multi-billion dollar bids for Fortum’s Swedish power grid ahead of a mid-December deadline, sources familiar with the matter told Reuters.

Finland’s state-controlled utility Fortum is selling its Swedish power grid, which is seen fetching around 6 billion euros (4.7 billion pounds), as part of a trend among European energy firms to split off their distribution networks to cut debt and focus on power generation and renewable energy.

Dec 4, 2014

Bidders line up for Fortum’s $7 billion Swedish grid: sources

LONDON (Reuters) – Bidders including Borealis, Macquarie and Cheung Kong Infrastructure Holdings (CKI) are lining up multi-billion dollar bids for Fortum’s (FUM1V.HE: Quote, Profile, Research, Stock Buzz) Swedish power grid ahead of a mid-December deadline, sources familiar with the matter told Reuters.

Finland’s state-controlled utility Fortum is selling its Swedish power grid, which is seen fetching around 6 billion euros ($7.4 billion), as part of a trend among European energy firms to split off their distribution networks to cut debt and focus on power generation and renewable energy.

Nov 28, 2014

Exclusive – P&G exploring sale of $7 bln Wella hair care unit: sources

LONDON (Reuters) – Procter & Gamble Co is working with Goldman Sachs to explore the sale of its Wella hair care business that could be worth around $7 billion, sources familiar with the matter told Reuters, as the world’s largest consumer products company streamlines its business.

P&G is exploring all options for the unit, which includes a professional and a trade business. That may result in selling the whole or parts, the sources said on Friday, cautioning that no final decision had been taken.

Nov 28, 2014

Exclusive: P&G exploring sale of $7 billion Wella hair care unit – sources

LONDON (Reuters) – Procter & Gamble Co (PG.N: Quote, Profile, Research, Stock Buzz) is working with Goldman Sachs (GS.N: Quote, Profile, Research, Stock Buzz) to explore the sale of its Wella hair care business that could be worth around $7 billion, sources familiar with the matter told Reuters, as the world’s largest consumer products company streamlines its business.

P&G is exploring all options for the unit, which includes a professional and a trade business. That may result in selling the whole or parts, the sources said on Friday, cautioning that no final decision had been taken.