Reuters: Private Equity

UPDATE 1-Canadian union accepts GM Canada labor deal

Fri, 16 May 2008 22:17:41 -0400

MONTREAL, May 16 (Reuters) - Canadian Auto Workers union members at three General Motors of Canada locations have voted in favor of a new three-year labor agreement with the company, the union said late on Friday.

UPDATE 3-Carlyle buying Booz Allen unit stake for $2.54 bln

Fri, 16 May 2008 16:50:59 -0400

NEW YORK, May 16 (Reuters) - Washington-based private equity firm Carlyle Group [CYL.UL] is buying a majority stake in the U.S. government business of management consulting technology firm Booz Allen Hamilton Inc for $2.54 billion, the companies said on Friday.

UPDATE 1-KKR starts infrastructure group

Fri, 16 May 2008 16:44:51 -0400

(Adds background about other infrastructure funds in paragraphs 2-4, fund size from source in paragraph 3, bylines)

Eos Airlines files motion to sell company, assets

Fri, 16 May 2008 12:07:44 -0400

NEW YORK, May 16 (Reuters) - Eos Airlines said on Friday it has asked a U.S. bankruptcy court to approve a schedule for the auction and sale of the company and its assets.

UPDATE 1-Sharper Image says best bid is $51.25 mln

Fri, 16 May 2008 11:48:43 -0400

(Updates with details from statement, CEO comment, background)

RLPC-Alliance Boots banks sell part of 9.02 bln pounds loan

Fri, 16 May 2008 11:26:13 -0400

LONDON May 16 (Reuters) - The eight-strong bank group behind Alliance Boots' [AB.UL] 9.02 billion pounds hung buyout financing has already sold some of the first and second lien loans to investors and expect to announce further sales early next week, banking sources close to the deal said.

Carlyle buying Booz Allen unit stake for $2.54 bln

Fri, 16 May 2008 16:52:57 -0400

NEW YORK (Reuters) - Washington-based private equity firm Carlyle Group is buying a majority stake in the U.S. government business of management consulting technology firm Booz Allen Hamilton Inc for $2.54 billion, the companies said on Friday.

KKR hires Lazard exec to boost infrastructure biz

Fri, 16 May 2008 07:42:58 -0400

NEW YORK, May 16 (Reuters) - Private equity firm Kohlberg Kravis Roberts & Co [KKR.UL] said on Friday it hired Lazard banker George Bilicic to lead a team that will focus on investing in infrastructure assets worldwide.

UPDATE 3-TietoEnator owners with blocking stake oppose bid

Fri, 16 May 2008 06:21:57 -0400

HELSINKI, May 16 (Reuters) - Finnish shareholders with a total holding of more than 10 percent in TietoEnator said on Friday they would not accept a 1.08 billion euro ($1.67 billion) takeover offer from Sweden's Nordic Capital.

UPDATE 2-Pou Sheng, Xtep sport retailers launch $784 mln HK IPOs

Fri, 16 May 2008 05:35:34 -0400

(For an expanded IPO diary, please click <HK/IPOMENU>)