Private-equity firms bidding for Forstmann Little & Co.’s talent agency IMG Worldwide Inc. are disagreeing with the earnings projection Forstmann has provided for this year, a week before final bids are due, three people with knowledge of the matter said.
Heron International Ltd. will seek 18 million pounds ($30 million) for a penthouse in its residential skyscraper in the City of London financial district, a person with knowledge of the matter said. A sale at that price would be a record for the neighborhood, according to broker Savills Plc.
AMC Entertainment Holdings Inc., the U.S. movie chain controlled by China’s richest man, plans to raise as much as $368 million in an initial public offering that would value the company at up to $1.9 billion.
KKR & Co., the private-equity firm run by Henry Kravis and George Roberts, together with Castleton Commodities International LLC bid for JPMorgan Chase & Co.’s physical commodities unit, SparkSpread reported today without saying where it got the information.
David M. Rubenstein, co-founder and co-chief executive officer of the Carlyle Group LP, paid $14.2 million at Sotheby’s in New York yesterday for “The Bay Psalm Book,” the highest price for a printed book at auction.