Schrader International to be acquired by Sensata Technologies

On Monday, Sensata Technologies said that it has agreed to buy the Schrader group of companies from Madison Dearborn Partners, the private equity firm for an enterprise value of $1 billion. Based in Denver, Schrader makes tire pressure monitoring sensors and its related products. Schrader is expected to generate approximately $550 million in 2014 in […]

JPMorgan Chase to Create Independent Firm for its Private Equity Unit

JPMorgan Chase has agreed to create a separate business for its private equity unit through a deal with two investment firms. AlpInvest Partners and Lexington Partners, the two investment firms said that they would acquire JPMorgan’s stakes in half of the companies held by the unit called One Equity Partners. This deal will allow the […]

China’s WH Group Raises $2.05 Billion in Hong Kong IPO

On Tuesday, shares of China’s WH Group, the world’s biggest pork producers increased in their trading debut in Hong Kong, signaling renewed interest among investors for Chinese IPO. On the Hong Kong market, stock of WH Group opened about 6.5 percent higher on a day when most other stocks fell. The strong debut came just […]

Princeton Review to be acquired by Media and Internet Company IAC

IAC, the Internet conglomerate said that, its online tutoring unit, would acquire the Princeton Review from Charlesbank Capital Partners, a private equity firm which is based in Boston. Princeton Review’s test preparation guides are invaluable to students studying for the SAT and other standardized tests. The terms of the deal were not disclosed. Tutor […]

Chinese Government gets the Jitters after PetroChina Backtracks on the Auction Plan of its Gas Pipeline Unit

PetroChina is reconsidering a plan to auction off its natural gas pipeline unit which is worth multi-billion dollars and could instead offload it to an affiliate. Offloading PetroChina Eastern Pipelines Co Ltd to the affiliate, which is 50 percent owned by PetroChina, would enable China’s largest energy producer to maintain control over the national gas […]