Starting in 2006, K.K.R. raised buyout funds that totaled $17.6 billion, Goldman Sachs raised $20 billion and Blackstone, $21.7 billion.
The Morton's Restaurant Group agreed to a raised buyout offer from Castle Harlan Inc. that matched last month's $56.6 million offer for the steakhouse chain by the billionaire financier Carl C. Icahn.
The German media giant Bertelsmann refused to raise its buyout offer of 44 euros a share to minority shareholders who own 11percentt of the broadcaster RTL Group.
NEW YORK TIMES Bain Said to Seek New Fund | Bain Capital is looking to raise a buyout fund of between $6 billion and $8 billion, with three potential fee arrangements for investors, Reuters reports, citing two unidentified people with direct knowledge of the matter.
Blackstone bulls trying to raise new buyout fund despite horrid private equity markets.
American raised its buyout offer on Wednesday to $742 million from $500 million.
BLOOMBERG NEWS Firms May Offer Investors More Controlol | Responding to a slowdown in fund-raising, some buyout firms are planning to give investors more say in how their capital is used, The Wall Street Journal writes.
Golden State Vintners Inc., which supplies wine and grapes to California wineries, said a group led by its chief executive raised its buyout offer to about $100 million to match a competing bid from the Wine Group.
Wealthy, powerful people in the news: Now that Nicky Oppenheimer Nicky Oppenheimer and his partners have raised their buyout offer for De Beers to $18 billion, shareholders today said they will delay a May 4 vote on the bid.
PCCW jumped 25 Hong Kong cents (3 cents), or 7.3%, to 3.70 Hong Kong dollars (48 cents), after chairman Richard Li, son of billionaire Li Ka-Shing, and Beijing-backed China Netcom raised their buyout bid for the islands main telecom company to 4.50 Hong Kong dollars (58 cents) a share, up from 4.20 Hong Kong dollars (54 cents).
