NEWS & RESEARCH

Foley & Lardner to Merge With Dallas-Based Gardere

Brenda Sapino Jeffreys - Texas Lawyer


Gardere Wynne Sewell and Foley & Lardner have agreed to merge, effective April 1, creating a firm of approximately 1,100 lawyers in 24 offices in the United States, Mexico, Asia and Europe.
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Toshiba says unable to meet end-March deadline for chip unit sale

Reuters


TOKYO - Toshiba Corp said on Friday it would not be able to complete an $18 billion deal to sell its prized chip unit by an agreed deadline at the end of March, as it had not received anti-monopoly approval from China.
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Great Hill Is Said to Field Offers for Data-Center Firm Ascenty

Gillian Tan - Bloomberg


Great Hill Partners, the majority owner of Ascenty, is fielding offers for the Brazilian data-center operator, according to people with knowledge of the matter.
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Regulated banks soften stance on leveraged lending guidance

Andrew Berlin - Reuters


NEW YORK (LPC) - Regulated banks are underwriting more highly leveraged buyout loans for US companies as the Republican administration relaxes guidelines aimed at reducing risk, which is leveling the playing field with unregulated lenders again.
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BRIEF-NB Private Equity Partners End-March NAV Per Share Of $17.13

Reuters


* END-MARCH NAV PER SHARE OF $17.13 DECREASED $0.01 FROM $17.14 NAV PER SHARE AT FEB 28 Source text for Eikon: Further company coverage: (Gdynia Newsroom)
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Apax Partners to Acquire Finnish Technology Company Solita

PEN Staff - Private Equity News


Apax Partners is acquiring a majority stake in Solita Oy, a Finnish technology and design company, from venture firm Vaaka Partners.
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TransUnion expands into Europe with $1.4 billion Callcredit deal

Reuters


U.S. credit reporting agency TransUnion (TRU.N) on Friday said it will buy UK consumer data provider Callcredit for 1 billion pounds ($1.4 billion) from private equity firm GTCR, expanding its operations into Europe for the first time.
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Apollo, Blackstone are the only remaining bidders for Cirsa -sources

Andrés González, Dasha Afanasieva - Reuters


MADRID/LONDON - The private equity funds of Blackstone (BX.N) and Apollo (APO.N) are the only two bidders left in the sale of Spanish gaming hall operator Cirsa, raising doubts about whether the sale will go ahead, sources familiar with the matter said.
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Deals of the day-Mergers and acquisitions

Reuters


(Adds Xerox, General Electric, Schlumberger, Flipkart, Biogen, Cirsa, Envirotainer, Alvogen, AccorHotels and ArcelorMittal; updates Innogy, Fidessa, TransUnion and Shire)
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Four Harvard Students Jump Into the Crypto Hedge-Fund Craze

Olga Kharif - Bloomberg


In the 1970s, Bill Gates and Steve Ballmer revolutionized operating system software. Thirty years later, Mark Zuckerberg helped pioneer social networking. So what’s the latest generation of Harvard tech entrepreneurs up to? Looking to cash in on cryptocurrency, of course. Sign of the times.
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