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Mar 15, 2010 05:04PM

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Mar 15, 2010 05:04PM

Apax exits Tommy Hilfiger for $3bn

UK private equity firm Apax Partners has sold US fashion house Tommy Hilfiger to Phillips-Van Heusen for ?2.2bn ($3bn). The sale includes ?1.92bn in cash and ?276m in Phillips-Van Heusen common stock, with the fashion corporation also assuming

Mar 15, 2010 05:03PM

Apax closes Promethean World IPO

Apax Partners is the first private equity firm to successfully float an investment in the UK this year, having sold interactive whiteboard company Promethean World. The listing will no doubt bring hope to rival firms following a number of failed initial

Mar 15, 2010 04:07PM

Ning CEO Bianchini Exits; Joins VC Firm Andreessen Horowitz

Palo Alto, Calif. - Ning, a niche social network creation platform, announced on Monday that co-founder and CEO Gina Bianchini has stepped down to become an executive in residence at venture capital firm Andreessen Horowitz. Fellow Ning co-founder Marc

Mar 15, 2010 03:52PM

CMU competition draws Silicon Valley VC

Carnegie Mellon University students will have the opportunity to make their best pitch to a Silicon Valley venture capitalist who will be on hand this weekend to judge the school?s Open Innovation Competition.

Mar 15, 2010 03:46PM

VC House DFJ Esprit Adds New Investors, Managers

European VC firm DFJ Esprit, which set up a ?150 million fund in September, is hiring a trio of new hires to manage its tech investments? Veteran investor Mikko Suonenlahti is joining as senior adviser, to focus on investments in B2B, consumer

Mar 15, 2010 03:46PM

VCs gave $1.9B to life sciences in 4Q

U.S. life sciences companies secured $1.9 billion in venture capital funding in the fourth quarter, led by the $55 million second-round haul of Durham medical device company TransEnterix, according to a report released Monday by online venture capital

Mar 15, 2010 03:41PM

Phillips-Van Heusen to buy Hilfiger from Apax for $3bn

WASHINGTON/AMSTERDAM PHILLIPS-Van Heusen Corp agreed to buy apparel maker Tommy Hilfiger BV from private- equity firm Apax Partners LP for 2.2 billion euros ($3 billion), adding the namesake brand to its Calvin Klein and Izod clothing lines. Apax will

Mar 15, 2010 02:43PM

McCombs invests in Austin venture capital firm

San Antonio billionaire B.J. "Red" McCombs has made a long-term investment in an Austin company that funds companies offering mobile financial payment systems in underserved markets around the world, it was announced Monday. The amount of McCombs'

Mar 15, 2010 01:48PM

VCs Have $12M Hunch

Hunch.com on Sunday confirmed reports that it has attracted $12 million in funding from a group of marquee venture firms. New York City-based Hunch, which gives recommendations a la Internet search engine, is the brainchild of Flickr co-founder Caterina

Mar 15, 2010 01:43PM

Phillips-Van Heusen to acquire Tommy Hilfiger from Apax Partners Deal In Brief

(Datamonitor Financial Deals Tracker via COMTEX News Network) -- Phillips-Van Heusen Corporation (PVH), a US-based apparel company, has signed a definitive agreement to acquire Tommy Hilfiger Corporation from funds advised by Apax Partners LLP, a

Mar 15, 2010 01:42PM

Apax Partners to sell Tommy Hilfiger to Phillips-Van Heusen Deal In Brief

(Datamonitor Financial Deals Tracker via COMTEX News Network) -- Funds advised by Apax Partners LLP, a UK-based private equity firm, has signed a definitive agreement to sell Tommy Hilfiger Corporation to Phillips-Van Heusen Corporation (PVH), a US-based

Mar 15, 2010 01:16PM

Connecticut Wants to Fund Your Start-Up

How do you foster an innovation economy? Invest, says Connecticut. When it comes to government investing in cleantech, the feds aren't the only game in town. In November of 2008, Connecticut established a $9 million Clean Tech Fund. Geared to spark

Mar 15, 2010 12:30PM

Apax Partners Reaches Definitive Agreement to Sell Tommy Hilfiger Group to Phillips-Van Heusen for euro 2.2 Billion

-- Funds advised by Apax Partners today announced a definitive agreement to sell Tommy Hilfiger Group (or 'the Company') to Phillips-Van Heusen Corporation for a total consideration of approximately euro 2.2 billion ($3.0 billion), including euro 1.924

Mar 15, 2010 12:24PM

Apax Partners to sell Tommy Hilfiger to Phillips-Van Heusen

Tommy Hilfiger is a Hong Kong-based designer and supplier of men's and women's sportswear, jeans wear and children wear. PVH expects to finance the EUR1,924 million cash portion of the acquisition and refinance its $300 million of existing senior

Mar 15, 2010 12:24PM

Phillips-Van Heusen to acquire Tommy Hilfiger from Apax Partners

Tommy Hilfiger is a Hong Kong-based designer and supplier of men's and women's sportswear, jeans wear and children wear. PVH expects to finance the EUR1,924 million cash portion of the acquisition and refinance its $300 million of existing senior

Mar 15, 2010 12:22PM

Korean venture firm takes on Microsoft

. 20 , 1998 . 2000 . , , . , . . . . . , . , 5 MS , . For many Koreans, Microsoft's rival in Korea, Hancom, is more than just one

Mar 15, 2010 12:05PM

Apax Partners to sell Tommy Hilfiger to Phillips-Van Heusen - Zib...

Companies: Phillips-Van Heusen Corp. (PVH), Funds advised by Apax Partners LLP, a UK-based private equity firm, has signed a definitive agreement to sell Tommy Hilfiger Corporation to Phillips-Van Heusen Corporation (PVH), a US-based apparel company, for

Mar 15, 2010 11:37AM

Phillips-Van Heusen Buys Hilfiger from Apax

Phillips-Van Heusen, the corporation that owns Calvin Klein, has agreed to buy the Tommy Hilfiger brand from Apax Partners, in a deal that will see the private equity fund almost double its original investment. Under the terms of the deal, Phillips-Van

Mar 15, 2010 11:00AM

Apax sells Tommy Hilfiger for ?2.47 billion

Apax has sold Tommy Hilfiger to the New York-listed Philips-Van Heusen Corporation for ?2.47 billion, more than doubling its original investment in the company. The private equity house took Tommy Hilfiger private in 2006 for ?1.2 billion and will

Mar 15, 2010 10:56AM

Apax Partners sells after four years.

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Mar 15, 2010 10:15AM

VCs are like Product Managers. Or ? Actors?

Source: Five Years Too late. A fiveyearstoolateEric Wiesen... 1 2 3 4 5 11 Mar 2010. Source: Five Years Too late. A fiveyearstoolateEric Wiesen...

Mar 15, 2010 09:43AM

Apax sells Tommy Hilfiger for 2.47 billion

Apax has sold Tommy Hilfiger to the New York-listed Philips-Van Heusen Corporation for 2.47 billion, more than doubling its original investment in the company. The private equity house took Tommy Hilfiger private in 2006 for 1.2 billion and will receive

Mar 15, 2010 09:38AM

Venture financing deal activity in IT and Telecoms sectors down by 15.4% globally

http://www.companiesandmarkets.com/Summary-Market-Report/technology-and-telecoms-corporate-financial-deals-yearly-roundup-2009-274290.asp?prk=248964f35112bbb7ade984ae22d63243 This report contains extensive qualitative and quantitative analysis of

Mar 15, 2010 09:27AM

Phillips-Van Heusen is buying Tommy Hilfiger from Apax

Saudi immigration officials to get lessons in etiquette, Arab News (MENAFN - Arab News) Passport Department personnel, consisting of officers and privates working at Saudi Arabia's airports and other inlets, will be sent abroad for intensive English