Olivia's Feed
Apr 1, 2014

Exclusive: American Lawyer publisher up for sale – sources

NEW YORK (Reuters) – American Lawyer publisher ALM Media, which was once controlled by Wall Street dealmaker Bruce Wasserstein, is exploring a sale that could fetch more than $500 million, people familiar with the matter said.

ALM Media, backed by private equity firm Apax Partners, has hired investment bank Jefferies to assist with efforts to sell the company, whose magazines are popular among U.S. lawyers and legal professionals, the sources said on Tuesday.

Apr 1, 2014

American Lawyer publisher up for sale: sources

NEW YORK (Reuters) – American Lawyer publisher ALM Media, which was once controlled by Wall Street dealmaker Bruce Wasserstein, is exploring a sale that could fetch more than $500 million, people familiar with the matter said.

ALM Media, backed by private equity firm Apax Partners, has hired investment bank Jefferies to assist with efforts to sell the company, whose magazines are popular among U.S. lawyers and legal professionals, the sources said on Tuesday.

Mar 26, 2014

Baxter explores sale of its vaccines business -sources

NEW YORK/FRANKFURT (Reuters) – Baxter International Inc is exploring a sale of its vaccines business, according to people familiar with the matter, the latest healthcare company to look at divesting non-core assets to focus on key strengths.

The medical equipment and pharmaceuticals company is working with Goldman Sachs Group to find a buyer for the unit and has reached out to potentially interested parties including private equity firms, the people said on Wednesday, asking not to be named because the matter is not public.

Mar 26, 2014

Exclusive: Baxter explores sale of its vaccines business – sources

NEW YORK/FRANKFURT (Reuters) – Baxter International Inc is exploring a sale of its vaccines business, according to people familiar with the matter, the latest healthcare company to look at divesting non-core assets to focus on key strengths.

The medical equipment and pharmaceuticals company is working with Goldman Sachs Group to find a buyer for the unit and has reached out to potentially interested parties including private equity firms, the people said on Wednesday, asking not to be named because the matter is not public.

Mar 19, 2014

Exclusive: TreeHouse Foods joins list of Michael Foods suitors: sources

By Olivia Oran and Greg Roumeliotis

(Reuters) – TreeHouse Foods Inc (THS.N: Quote, Profile, Research, Stock Buzz) is weighing a bid for Michael Foods Group Inc, joining a list of suitors that includes much larger rival Tyson Foods Inc (TSN.N: Quote, Profile, Research, Stock Buzz), people familiar with the matter said on Wednesday.

Michael Foods, the egg and dairy products producer owned by Goldman Sachs Group Inc’s (GS.N: Quote, Profile, Research, Stock Buzz) private equity unit, is in the advanced stage of finding a buyer. People familiar with the process have previously identified Tyson as the most likely buyer. It is not clear how serious TreeHouse might be about possibly acquiring Michael Foods.

Mar 19, 2014

TreeHouse Foods joins list of Michael Foods suitors -sources

March 19 (Reuters) – TreeHouse Foods Inc is weighing
a bid for Michael Foods Group Inc, joining a list of suitors
that includes much larger rival Tyson Foods Inc, people
familiar with the matter said on Wednesday.

Michael Foods, the egg and dairy products producer owned by
Goldman Sachs Group Inc’s private equity unit, is in the
advanced stage of finding a buyer. People familiar with the
process have previously identified Tyson as the most likely
buyer. It is not clear how serious TreeHouse might be about
possibly acquiring Michael Foods.

Mar 18, 2014

Fast Retailing pulls out of talks to buy J.Crew: sources

NEW YORK (Reuters) – Japan’s Fast Retailing Co Ltd (9983.T: Quote, Profile, Research, Stock Buzz), parent of apparel chain Uniqlo, is no longer in talks to buy J.Crew Group Inc from its private equity owners, three people familiar with the matter said on Tuesday.

The talks with J.Crew ended in recent weeks, the people said, adding that an initial public offering for the company is still on the table although timing is uncertain.

Mar 17, 2014

Activist investors bump into each other in campaigns

NEW YORK, March 17 (Reuters) – When Barington Capital Group in October reported a stake of more than 2 percent in Darden Restaurants Inc (DRI.N: Quote, Profile, Research, Stock Buzz) with a vow to shake up the company, another investment firm was caught off guard.

Starboard Value LP, which takes stakes in companies that it perceives to be undervalued with the hopes of making changes, had studied the restaurant chain for six months as a potential target and was waiting for the right moment to pounce.

Mar 12, 2014

Exclusive: Kohlberg looking to sell Singer sewing machine company – sources

By Olivia Oran

(Reuters) – The Singer sewing machine company, largely credited with helping develop the U.S. fashion industry by allowing clothes to be made more cheaply and efficiently, is exploring a sale that could fetch more than $500 million, three people familiar with the matter said on Wednesday.

Singer, part of the world’s largest sewing machine company, SVP Worldwide, is owned by private equity firm Kohlberg & Company LLC. It is working with investment bank Harris Williams on the potential sale, the people said.

Mar 12, 2014

Kohlberg looking to sell Singer sewing machine company -sources

March 12 (Reuters) – The Singer sewing machine company,
largely credited with helping develop the U.S. fashion industry
by allowing clothes to be made more cheaply and efficiently, is
exploring a sale that could fetch more than $500 million, three
people familiar with the matter said on Wednesday.

Singer, part of the world’s largest sewing machine company,
SVP Worldwide, is owned by private equity firm Kohlberg &
Company LLC. It is working with investment bank Harris Williams
on the potential sale, the people said.