Royal Bank of Canada officials’ conflicts of interest tainted a $438 million buyout of Rural/Metro Corp. and the national ambulance service’s former investors deserved more for their shares, a judge ruled.
A former executive at Charterhouse Capital Partners LLP said he suspected the private equity firm of malpractice while his former colleagues accused him of blackmail as a trial over the value of his stake began.
Dell Inc. Chief Executive Officer Michael Dell and other company directors were sued by an investor over claims the computer maker’s board is shortchanging shareholders in a $24.4 billion management-led buyout.
Three Dutch women are raising their own private-equity fund with what they say is a unique strategy: investing in companies where at least a quarter of the management are women to tap under-appreciated talent.
Omega Pharma NV , Belgium’s biggest supplier of consumer-health products, rose the most in almost three years in Brussels trading after De Tijd reported that the company is in informal talks that may lead to a buyout.
Michael Dell won support from Institutional Shareholder Services Inc. for the $24.4 billion buyout of his company, a surprise endorsement from an influential shareholder adviser that increases the chances he will prevail.