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Bain Capital to Invest in Chinese Retailer

Jun. 22, 2009
The deal between the American private equity firm and Gome Electrical Appliances could be worth $432 million.
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Chinese billionaire lives modestly

BEIJING, April 29 (UPI) -- China's richest man lives in a small apartment and shuns high life and expensive hobbies.

Burlington Coat Factory sold for $2.1B

BURLINGTON, N.J., Jan. 18 (UPI) -- A private equity firm is paying $2.06 billion to buy New Jersey-based Burlington Coat Factory Warehouse Corp.
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French Open tennis in Paris
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Russian Maria Sharapova signs autographs after winning her French Open womens first round match against Romanian Alexandra Cadantu at Roland Garros in Paris on May 29, 2012. Sharapova defeated Cadantu 6-0, 6-0 to advance to the next round. UPI/David Silpa