Headlines

Dollar General agrees to $7.3B KKR buyout

GOODLETTSVILLE, Tenn., March 12 (UPI) -- Dollar General Corp. Monday agreed to be acquired by U.S. private-equity firm Kohlberg Kravis Roberts & Co. for $7.3 billion. The amount includes $380 million in assumed debt.

KKR, Pessina bid $18.8B for Alliance Boots

NOTTINGHAM, England, March 9 (UPI) -- U.S. private-equity firm Kohlberg Kravis Roberts & Co. and an Italian billionaire said Friday they offered $18.8 billion for Britain's largest drugstore chain. A takeover by KKR and Stefano Pessina of Alliance Boots PLC would be Europe's biggest buyout.

Report: TXU seeks other takeover bids

NEW YORK, Feb. 27 (UPI) -- Texas utility TXU Corp. is approaching private-equity groups to gauge their interest in beating a $45 billion takeover bid, a published report said Tuesday.

TXU utility agrees to $45B buyout

DALLAS, Feb. 26 (UPI) -- Texas' largest electricity producer, TXU Corp., said Monday it agreed to be sold for about $45 billion including debt in the largest-ever leveraged buyout.

Record-breaking buyout in the works

DALLAS, Feb. 24 (UPI) -- A private equity group is close acquiring the TXU Corp., a Texas utility, for a record-breaking $45 billion, The New York Times reported. The group is led by Kohlberg Kravis Roberts & Co. and the Texas Pacific Group, the Times reported. The takeover, if

KKR said poised to buy TXU for $32B

DALLAS, Feb. 23 (UPI) -- Private equity firms Kohlberg Kravis Roberts and Texas Pacific Group are bidding at least $32 billion for giant Texas utility TXU Corp., reports said Friday.

Goldman, Morgan join on Dominion deal

RICHMOND, Va., Jan. 24 (UPI) -- Goldman Sachs and Morgan Stanley are working to buy Virginia utility Dominion Resources' oil and gas assets for $15 billion, a report said Wednesday. The collaboration of the Wall Street adversaries, both major players in the energy sector, also involves

EMI Group admits unnamed suitor's bid

LONDON, Nov. 28 (UPI) -- British music giant EMI Group PLC, whose roster of artists includes Janet Jackson and Coldplay, said Tuesday it has a suitor.

Clear Channel expecting two strong bids

SAN ANTONIO, Nov. 13 (UPI) -- Clear Channel Communications Inc., the biggest U.S. radio broadcaster, is expecting two takeover bids that value the company at nearly $18 billion.

Linde AG sells Kion for $5.1 billion

WIESBADEN, Germany, Nov. 6 (UPI) -- Germany's Linde Group AG has sold its fork-lift truck unit to a U.S. private equity group for $5.1 billion.

Private equity groups flex public muscle

NEW YORK, Nov. 4 (UPI) -- New York's Kohlberg Kravis Roberts & Co. quietly bid $50 billion in October for French entertainment giant Vivendi, the New York Times reports.

VNU offers to buy out rest of NetRatings

AMSTERDAM, Netherlands, Oct. 9 (UPI) -- VNU Group BV, a Dutch information and media company, is offering about $227 million for the 39.5 percent of NetRatings Inc. it doesn't own.

Freescale Semiconductor on block for $16B

AUSTIN, Texas, Sept. 11 (UPI) -- Freescale Semiconductor Inc., which has headquarters in Austin, Texas, is talking with private equity investors about a sale of the multi-billion-dollar firm.

More buyers of RoyalPhilips' chip business

LONDON, Aug. 21 (UPI) -- Bain Capital and Apax Partners, two U.S. private equity groups, are joining a consortium that's buying control of RoyalPhilips Electronics chip business.

Philips selling its chip business

AMSTERDAM, Netherlands, Aug. 2 (UPI) -- An auction for Philips Electronics NV's chip business has apparently been won by New York's Kohlberg Kravis Roberts & Co. and Silver Lake Partners.

HCA buyout facing four lawsuits

NASHVILLE, July 27 (UPI) -- A buyout of HCA Inc., which owns U.S. hospitals and surgery centers, is being legally challenged in four separate shareholder lawsuits. The lawsuits follow by two days the news that HCA agreed to a $33 billion merger with HCA founder Dr. Thomas F. Frist J

France Telecom selling PagesJaunes

SEVRES, France, July 24 (UPI) -- U.S. investors are paying $4.3 billion to buy France Telecom SA's majority stake in yellow-pages service PagesJaunes Groupe SA.

HCA sold for $33B in world's biggest LBO

NASHVILLE, July 24 (UPI) -- HCA Inc., the No. 1 for-profit U.S. hospital operator, accepted Monday a leveraged buyout worth about $33 billion, the largest LBO in history.

Univision stock sags as sale falls through

MEXICO CITY, June 23 (UPI) -- Univision stock fell nearly 3 percent Thursday, following reports that two investor groups dropped support for Mexico's Grupo Televisa bid to buy the network.

KKR in first Australian investment

SYDNEY, June 19 (UPI) -- Kohlberg Kravis Roberts & Co. said Monday it would pay $1.35 billion to buy the Australian businesses of Cleanaway and also Brambles Industrial Services.

KKR buying Indian business for $900M

MENLO PARK, Calif., April 17 (UPI) -- Big U.S. private equity group Kohlberg Kravis Roberts & Co. said Monday it will pay $900 million on its first investment in India.

HP lands $236M contract from Avago

PALO ALTO, Calif., April 12 (UPI) -- California's Hewlett-Packard Co. won a $236 million information technology services contract from Avago Technologies.

VNU tilting toward $9 billion offer

HAARLEM, Netherlands, April 3 (UPI) -- A consortium of private equity groups is offering to buy media concern VNU NV of the Netherlands for $9 billion in cash.

GM sells control of GMAC for almost $9B

DETROIT, March 23 (UPI) -- A U.S. investor group paid almost $9 billion for control of GMAC Commercial Holding Corp., General Motors Corp.'s financing arm.

KKR in $12.75B bid for GM's financing arm

NEW YORK, March 15 (UPI) -- A group led by Kohlberg Kravis Roberts & Co. is offering about $12.75 billion for General Motors Corp.'s financing business.
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