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Sep 23, 2014

Walgreen explores sale of $1.5 billion infusion business: sources

NEW YORK (Reuters) – U.S. drugstore chain operator Walgreen Co (WAG.N: Quote, Profile, Research, Stock Buzz) is exploring the sale of a majority stake in its infusion services business, in a deal that could value that division at around $1.5 billion, according to four people familiar with the matter.

The Deerfield, Illinois-based company has hired Bank of America Corp (BAC.N: Quote, Profile, Research, Stock Buzz) to run a sale process for Walgreens Infusion Services, which has already attracted interest from private equity firms, the people said this week.

Sep 22, 2014

Exclusive – Silver Lake in the lead to acquire Shutterfly: sources

NEW YORK (Reuters) – Private equity firm Silver Lake is in advanced talks to acquire online photo-sharing service Shutterfly Inc for at least $2 billion (1.22 billion pounds), people familiar with the matter said on Monday.

Silver Lake has outbid other buyout firms in an auction for Shutterfly and is now negotiating the terms of an acquisition, the sources said. They cautioned that the talks might not lead to a deal, given Shutterfly’s high expectations for a sale price.

Sep 22, 2014

Silver Lake in the lead to acquire Shutterfly -sources

NEW YORK (Reuters) – Private equity firm Silver Lake is in advanced talks to acquire online photo-sharing service Shutterfly Inc for at least $2 billion, people familiar with the matter said on Monday.

Silver Lake has outbid other buyout firms in an auction for Shutterfly and is now negotiating the terms of an acquisition, the sources said. They cautioned that the talks might not lead to a deal, given Shutterfly’s high expectations for a sale price.

Sep 19, 2014

backed American Beacon Advisors explores sale -sources

NEW YORK, Sept 19 (Reuters) – American Beacon Advisors Inc,
a manager of mutual funds owned by buyout firms Pharos Capital
Group LLC and TPG Capital LP, is exploring a sale that could
value it at more than $600 million, including debt, according to
people familiar with the matter.

An auction for American Beacon is currently underway and is
being managed by investment bank JPMorgan Chase & Co,
the people said this week. Private equity firms are among the
prospective buyers, the people added.

Sep 16, 2014

Blackstone seeks to raise $16 bln for its latest fund -source

Sept 16 (Reuters) – Blackstone Group LP aims to raise
about $16 billion for its latest flagship buyout fund, roughly
in line with a predecessor fund that wrapped up fundraising in
2012, a person familiar with the matter said on Tuesday.

Blackstone, the world’s largest alternative asset manager
which had $68.3 billion in private equity assets at the end of
June, is preparing to launch the new private equity fund after
returning mountains of cash to its fund investors.

Sep 16, 2014

Private equity firm eyes sale of storage company PODS: sources

NEW YORK (Reuters) – Eagle Merchant Partners, a private equity firm, is exploring a sale of PODS Enterprises Inc that could value the U.S. moving and storage company at about $1 billion, including debt, according to people familiar with the matter.

Atlanta-based Eagle Merchant, whose team came from bankrupt Bahraini investment firm Arcapita Bank BSCC, has hired investment bank Barclays Plc (BARC.L: Quote, Profile, Research, Stock Buzz) to assist with the PODS Enterprises sale process, one source said.

Sep 16, 2014

Storage firm PODS Enterprises eyes $1 billion sale -sources

NEW YORK, Sept 16 (Reuters) – Eagle Merchant Partners, a
private equity firm, is exploring a sale of PODS Enterprises Inc
that could value the U.S. moving and storage company at about $1
billion, including debt, according to people familiar with the
matter.

Atlanta-based Eagle Merchant, whose team came from bankrupt
Bahrain investment firm Arcapita Bank BSCC, has hired investment
bank Barclays Plc to assist with the PODS Enterprises
sale process, one source said.

Sep 12, 2014

Exclusive: Jimmy John’s Gourmet Sandwiches chain weighs stake sale – sourcesĀ 

NEW YORK (Reuters) – The Jimmy John’s Gourmet Sandwiches chain is considering selling a major stake in the company and has hired boutique investment bank North Point Advisors to advise on a potential deal, according to people familiar with the matter.

Jimmy John’s, founded in 1983 by 19-year old Jimmy John Liautaud in a converted garage, is in the early stage of preparing a sale process, the people said. It remains unclear how big a stake the Champaign, Illinois-based company will eventually offer potential investors.

Sep 12, 2014

Jimmy John’s Gourmet Sandwiches chain weighs stake sale -sources

NEW YORK, Sept 12 (Reuters) – The Jimmy John’s Gourmet
Sandwiches chain is considering selling a major stake in the
company and has hired boutique investment bank North Point
Advisors to advise on a potential deal, according to people
familiar with the matter.

Jimmy John’s, founded in 1983 by 19-year old Jimmy John
Liautaud in a converted garage, is in the early stage of
preparing a sale process, the people said. It remains unclear
how big a stake the Champaign, Illinois-based company will
eventually offer potential investors.

Sep 5, 2014

Insurance broker AmeriLife taps Evercore for sale: sources

NEW YORK (Reuters) – Insurance marketing and brokerage firm AmeriLife Group LLC is exploring a sale that could fetch as much as $500 million, and has hired investment bank Evercore Partners Inc (EVR.N: Quote, Profile, Research, Stock Buzz) to assist with that effort, people familiar with the matter said on Friday.

Founded in 1971, AmeriLife develops, markets and sells annuity, life and health insurance products to seniors. Its brokers distribute insurance solutions which are backed by major insurers such as MetLife Inc (MET.N: Quote, Profile, Research, Stock Buzz) and UnitedHealth Group Inc (UNH.N: Quote, Profile, Research, Stock Buzz).