Private Equity
JPMorgan Chase & Co (JPM.N) is in talks about leading Lyft Inc’s upcoming initial public offering as an underwriter, after rivals Goldman Sachs Group Inc (GS.N) and Morgan Stanley (MS.N) decided not to pursue such a role out of loyalty to another IPO hopeful, Lyft’s larger competitor Uber Technologies Inc, sources told Reuters.
3 min read · 26 September 2018
SurveyMonkey’s initial public offering was priced above the expected range at $12 per share on Tuesday, giving the U.S. online survey company a market capitalization of $1.46 billion, Reuters reported.
1 min read · 26 September 2018
German tech investor Primepulse, which has interests in cloud services, vision technology, electronics and automotive markets, is planning to float on the Frankfurt stock exchange in the fourth quarter of this year, the company said on Tuesday.
2 min read · 25 September 2018
Event planning company XO Group Inc (XOXO.N) said on Tuesday two private equity funds would take the company private in a $933 million deal and merge it with wedding planning group WeddingWire Inc.
1 min read · 25 September 2018
Hotel chain OYO Hotels said on Tuesday it would raise $1 billion from existing investors, including Japan’s Softbank Group (9984.T), to grow its business in India and China, and expand into new international markets.
2 min read · 25 September 2018
U.S.-based Coronado Global Resources Inc launched what is set to be Australia’s biggest coal mining float in six years with an IPO that seeks to raise up to A$1.3 billion ($946.1 million) and capitalize on Asian demand for the steelmaking commodity, Reuters reported.
3 min read · 24 September 2018
Private equity firms TPG Capital and Blackstone Group (BX.N) have submitted bids to buy beleaguered Indian carrier Jet Airways’ stake in its frequent flyer loyalty program, television channel CNBC TV18 reported on Monday, citing sources.
1 min read · 24 September 2018
Blackstone Group LP, the world's largest manager of alternative investments such as private equity and real estate, said on Friday it could be overseeing $1 trillion in assets by 2026. The firm currently manages $439 billion, a five-fold increase since it went public in 2007, Reuters reported.
2 min read · 24 September 2018
Dell Technologies Inc (DVMT.N) is exploring an initial public offering (IPO) after shelving this option earlier this year in favor of going public by buying back a special type of stock from investors, Reuters reported.
4 min read · 24 September 2018
Buyout group Lone Star is considering a stock market flotation of German building materials maker Xella which it bought in 2016 for 2.2 billion euros ($2.6 billion), sources told Reuters.
2 min read · 21 September 2018