Private Capital

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Baring says has bought 40 pct stake in Weetabix for undisclosed sum

HONG KONG, Sept 1 - Baring Private Equity Asia said on Tuesday it acquired 40 percent of Weetabix Ltd, Britain's largest branded manufacturer of cereals and cereal bars, for an undisclosed sum, looking to benefit from rising consumer demand in China for healthy food products.

UPDATE 3-U.S. appeals court says bondholders cannot seize Argentina's reserves

NEW YORK, Aug 31 - Argentina's central bank on Monday won the reversal of a U.S. court ruling that had allowed bondholders to try to hold it responsible for the country's obligations on debt that has been in default since 2002.

UPDATE 2-U.S. appeals court says bondholders can't seize Argentina's reserves

NEW YORK, Aug 31 - Argentina's central bank on Monday won the reversal of a U.S. court ruling that had allowed bondholders to try to hold it responsible for the country's obligations on debt that has been in default since 2002.

Kering in talks with Investindustrial over Sergio Rossi-source

MILAN, Aug 31 - Italian private equity firm Investindustrial has been discussing for months with French luxury group Kering a possible purchase of its Sergio Rossi shoe brand but a deal is still far away, a source close to the matter said on Monday.

Financials 31 Aug 2015

ON THE MOVE-Advisory firm SevenBridge to use Dynasty Financial's platform

Aug 31 - Dynasty Financial Partners said SevenBridge Financial Group, an independent advisory firm based in Harrisburg, Pennsylvania, will use its wealth management services platform.

Financials 31 Aug 2015

Carlyle's nominee on China Fishery's board steps down

SINGAPORE, Aug 31 - Carlyle Group's nominee on the board of China Fishery Group has stepped down, a few months after the U.S. private equity firm declined to take part in the Singapore-listed company's rights issue.

Financials 30 Aug 2015

Third Point's Loeb says Suzuki should cancel shares it buys back from VW

TOKYO, Aug 31 - U.S. activist investor Daniel Loeb said Suzuki Motor Corp should cancel the shares it plans to buy back from Volkswagen AG, not issue equity or convertible shares.

Financials 30 Aug 2015

Ageas to sell Hong Kong unit to China's JD Capital for $1.4 bln

HONG KONG, Aug 30 - Ageas has agreed to sell its Hong Kong insurance unit to a China-based asset manager JD Capital for HK$10.7 billion ($1.4 billion), the Belgian insurer said in a statement on Sunday, exiting a business it acquired eight years ago.

Financials 30 Aug 2015

UPDATE 1-Bahrain's Investcorp says market volatility won't hit business

* Gulf investors still want diversification into U.S., Europe

Financials 30 Aug 2015

Bahrain's Investcorp says 2014-15 net income rises 13 pct

DUBAI, Aug 30 - Bahrain-based alternative investment fund Investcorp posted a 13 percent increase in full-year net profit on Sunday.

Financials 30 Aug 2015

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