KKR & Co. and Silver Lake Management LLC are vying with Yahoo! Inc. to acquire Hulu LLC, escalating a bidding war that has attracted cable and satellite TV, private equity, a talent agency and media mogul Peter Chernin.
Warburg Pincus LLC would reap more than a threefold return on its $1.7 billion equity investment in Bausch & Lomb Inc. if talks to sell the eye-care company for $9 billion bear fruit, a person with knowledge of the matter said.
Valeant Pharmaceuticals International Inc., Canada’s largest drugmaker, is close to acquiring Bausch & Lomb Holdings Inc., the eye-care company owned by Warburg Pincus LLC, for about $9 billion, said a person with knowledge of the negotiations.
Duke Street Capital Ltd., owner of Britain’s Wagamama restaurant chain, is in talks to sell a stake in itself to a French investment firm after dropping plans to raise a new private-equity fund last year, two people with knowledge of the talks said.
Vantage Power Ltd., a U.K. company founded by two engineering graduates who drove from Alaska to Argentina in an electric car, plans to be fitting its hybrid engines into 1,000 double-decker buses a year by 2017.
Latham & Watkins LLP’s Zachary Fardon was nominated by President Obama to be U.S. Attorney for the Northern District of Illinois in Chicago. He would replace Patrick Fitzgerald, who left last June and joined Skadden Arps Slate Meagher & Flom LLP.
3i Group Plc said it offered to buy Barclays Plc’s European infrastructure-fund business as the U.K.’s biggest publicly traded private-equity firm seeks to boost investments in the region’s physical assets.