Private Equity
Saudi Aramco Chief Executive Officer Amin Nasser said the initial public offering of the state-oil producer will “certainly” happen when the conditions are right.
1 min read · 12 November 2018
German business software company SAP (SAPG.DE) has agreed to buy Qualtrics International for $8 billion in cash, pre-empting a planned stock market listing by the U.S.-based company which specializes in tracking online sentiment.
4 min read · 12 November 2018
Private equity firm Veritas Capital and hedge fund Elliott Management have agreed to acquire U.S. healthcare software maker Athenahealth Inc (ATHN.O) for $5.5 billion in cash, Reuters reported.
2 min read · 12 November 2018
U.S. cannabis retailer Harvest Enterprises Inc is set to raise $230 million (C$303 million) in a deal that would value the company at about $1.5 billion when it goes public in Toronto as early as next week, sources told Reuters.
2 min read · 09 November 2018
SoftBank’s (9984.T) Vision Fund is raising $4 billion in debt to help finance acquisitions and has hired Goldman Sachs (GS.N) and Mizuho (8411.T) to work on the deal, a presentation seen by Reuters said.
2 min read · 09 November 2018
German drugmaker Stada and Italian healthcare company Angelini are the only industry players to be shortlisted to make final bids for Bristol-Myers Squibb’s French over-the-counter drugs business, sources told Reuters.
1 min read · 09 November 2018
Alibaba Group’s newly formed on-demand online services unit has rocketed in value to as much as $30 billion after raising $4 billion in fresh funds, sources told Reuters.
3 min read · 09 November 2018
One of Britain’s largest peer-to-peer lenders, Zopa, said on Thursday it had raised 60 million pounds ($79 million) from investors, its biggest funding round so far and the last before it becomes a fully fledged bank.
2 min read · 08 November 2018
Thailand’s Kasikornbank PCL (KBANK.BK) on Thursday said it has invested $50 million in Singapore’s Grab, forming a partnership that will help launch the GrabPay electronic wallet in its sixth Southeast Asian market in 2019.
2 min read · 08 November 2018
SoftBank Group Corp is looking to invest in Chinese bike-sharing start-up Hellobike, sources told Reuters, as the Japanese conglomerate bets on a market that has struggled with oversupply and tightening regulations.
2 min read · 08 November 2018