Citigroup Inc may finally be able to sell its OneMain Financial personal loan business later this year, CEO Mike Corbat said.
1 min read · 16 June 2014
Fairmount Minerals Ltd, one of North America’s largest providers of industrial sand to the oil and gas industry, is exploring an initial public offering of around $1 billion that could come later this year, people familiar with the matter said.
2 min read · 16 June 2014
Airline ticketing company Travelport Worldwide Ltd, controlled by private equity firm Blackstone Group LP, filed with U.S. regulators to raise up to $100 million in an initial public offering of common stock.
2 min read · 16 June 2014
The chief executive of South Africa’s government pension fund has resigned, the fund said, following three years at the helm of the continent’s largest and most influential asset manager.
2 min read · 16 June 2014
1 min read · 16 June 2014
3 min read · 16 June 2014
2 min read · 16 June 2014
3 min read · 16 June 2014
2 min read · 16 June 2014
Stingray Digital Group has agreed to buy Dutch broadcaster Archibald Media Group. While the acquisition price was undisclosed, a report by The Globe and Mail pegged it at about $10 million. Stingray president and CEO Eric Boyko said the deal strengthens its service with the addition of music TV channels that can be offered to customers across Europe. Based in Montréal, the company produces music and video content on multiple platforms, including digital TV, IPTV, the Internet, mobile apps and game consoles. Stingray was discussed in a recent profile of its Canadian private equity investor Novacap. It is also backed by Canadian technology investor Telesystem.
3 min read · 13 June 2014
