KKR & Co. and Bain Capital LLC, which earned billions of dollars buying and selling companies, are facing a 25 percent discount in the initial public offering of NXP Semiconductors NV after three years of losses.
Royal Bank of Scotland Group Plc may keep a 20 percent stake in its credit-card payment processing unit as part of a planned sale of the division to Advent International Corp. and Bain Capital LLC, said two people with knowledge of the matter.
Advent International Corp. and Bain Capital LLC are seeking 1.35 billion pounds ($2.1 billion) of loans to fund their bid to buy Royal Bank of Scotland Group Plc?s credit-card payment processing unit, two people familiar with the matter said.
Advent International Corp. and Bain Capital LLC submitted the leading bid for Royal Bank of Scotland Group Plc?s credit-card payment processing unit valued at as much as 2.5 billion pounds ($3.8 billion), two people with direct knowledge of the matter said.
(Reuters) - U.S. private equity firms Kohlberg Kravis Roberts & Co <KKR.UL> and Bain Capital are preparing for initial public offerings of Toys "R" Us <TOY.UL> and NXP SemiConductors <NXP.UL>, the Wall Street Journal said, citing people familiar with the deals
HCA Inc., the hospital chain whose sale four years ago smashed the record for largest leveraged buyout, is preparing an initial public offering that may raise $3 billion, said two people with knowledge of the matter