Private Equity
Sovereign wealth fund Russian Direct Investment Fund (RDIF) plans more investments with China’s Alibaba (BABA.N) after the two became partners in a Russian joint venture last week and separately invested in a developer of augmented reality technology, the RDIF’s head said.
3 min read · 21 September 2018
Adobe Systems Inc on Thursday agreed to buy Marketo Inc for $4.75 billion from private equity firm Vista Equity Partners Management, adding heft to its cloud-based digital marketing business.
2 min read · 21 September 2018
Farfetch (FTCH.N) priced its shares above its targeted range on Friday in a New York flotation that values the online luxury retailer at over $5.8 billion and underscores how big a bet web sales have become for high-end brands, Reuters reported.
2 min read · 21 September 2018
Private equity firm CVC has chosen Barclays (BARC.L), Bank of America Merrill Lynch (BAC.N) and Credit Suisse (CSGN.S) to lead the initial public offering of warranty provider Domestic & General in London, sources told Reuters.
1 min read · 20 September 2018
Amazon.com Inc (AMZN.O) and Indian private equity firm Samara Capital have bought Aditya Birla Group-owned ‘More’ retail chain for an enterprise value of 42 billion rupees ($580.35 million), CNBC TV18 reported on Wednesday, citing sources.
1 min read · 20 September 2018
Chinese hotpot chain Haidilao (6862.HK) raised nearly $1 billion in its Hong Kong initial public offering (IPO) by pricing its shares at the top of an indicated range, sources told Reuters.
2 min read · 18 September 2018
CapitaLand Ltd (CATL.SI), one of Singapore’s largest property developers, said on Tuesday it bought a portfolio of rental apartments in the United States for $835 million, marking its foray into the multifamily asset class.
1 min read · 18 September 2018
The term loan financing backing private equity firm Blackstone’s purchase of a 55% stake in Refinitiv, Thomson Reuters’ (TRI.TO) Financial and Risk (F&R) division has been increased to $9.25bn from $8bn and the high-yield bonds have been reduced, Reuters reported.
3 min read · 17 September 2018
Saudi Arabia’s Public Investment Fund said on Monday it had agreed to invest more than $1 billion in Silicon Valley-based Lucid Motors to produce electric vehicles.
2 min read · 17 September 2018
Freightos said on Monday it raised $44.4 million in a funding round led by Singapore Exchange (SGX) to further scale its online international freight marketplace.
1 min read · 17 September 2018