Luye Pharma Group Ltd., a Chinese drugmaker backed by Singapore’s sovereign wealth fund, and existing owners are seeking to raise as much as $764 million from a Hong Kong initial public offering.
StormHarbour Securities, the closely-held investment bank, agreed to buy a 49 percent stake in Japanese hedge fund manager Asuka Asset Management Co., people with knowledge of the matter said.
Lloyds Banking Group Plc’s private equity unit is planning a management buyout, the Mail on Sunday reported, citing an unidentified person.
Compuware Corp., the business- software maker, advanced to the highest price since April 2011 after rebuffing a buyout offer from Elliott Management Corp. and announcing its first-ever dividend.
Zigexn Co., owner of a job search website, may announce multiple acquisitions as early as this summer as the company seeks growth, said Chief Executive Officer Joe Hirao.
Carlyle Group LP and Japanese private- equity firm Unison Capital Inc. plan to sell semiconductor-parts maker Covalent Materials Corp., two people with knowledge of the matter said.
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.