Synagro Technologies Inc., a biosolids-management company, won court approval of procedures that will govern the sale of virtually all its assets at an auction next month, according to a company spokesman.
KKR & Co. is emerging as the global private-equity winner in Asia, beating rivals Carlyle Group LP and TPG Capital in the performance of funds started since 2006 and their latest money-raising efforts.
Carlyle Group LP, the world’s second- largest manager of alternative assets such as private equity and real estate, said first-quarter profit rose 0.5 percent as the firm collected more fees from investors for managing their money.
Cobalt International Energy Inc., the explorer seeking oil in the U.S. Gulf of Mexico and West Africa, fell the most in more than four months after Goldman Sachs Group Inc. and other backers sold 50 million shares at a discount to yesterday’s closing price.
BMC Software Inc. agreed to be taken private in a $6.9 billion deal by Bain Capital LLC and Golden Gate Capital after struggling to compete with newcomers better equipped to handle the shift toward cloud computing.