Private Equity
Indonesian ride-hailing firm Go-Jek is seeking to raise about $2 billion from existing investors, including Tencent Holdings Ltd and JD.com, to fund its expansion plans in Southeast Asia, sources told Reuters.
2 min read · 17 September 2018
First Reserve Management LP is seeking to raise $3 billion for a new buyout fund, making it the latest energy-focused private equity firm moving to capitalize on an oil price recovery that is fuelling new investor appetite for the sector, sources told Reuters.
3 min read · 14 September 2018
Brazilian information technology provider Tivit Terceirização de Processos, Serviços e Tecnologia SA has hired banks to resume plans for an initial public offering, sources told Reuters.
2 min read · 14 September 2018
The leading shareholders of Italy’s Trevi (TFI.MI) have decided not to accept a deal put forward by Bain Capital Credit to rescue the ailing engineering firm, a source told Reuters.
1 min read · 14 September 2018
Exchange operator Nasdaq (NDAQ.O) said on Friday it planned to buy Swedish financial technology provider Cinnober (CINN.ST) in a deal valuing the business at around 1.7 billion crowns ($190 million).
1 min read · 14 September 2018
Canadian landlord Oxford Properties Group has sweetened its bid for Australian office owner Investa Office Fund (IOF.AX) to A$5.60 ($4.02) per share, escalating a bidding war with private equity giant Blackstone Group (BX.N), Reuters reported.
2 min read · 13 September 2018
European online furniture retailer Westwing plans to raise about 120 million euros ($139 million) in a Frankfurt listing, the latest start-up backed by German investor Rocket Internet (RKET.DE) to go public, Reuters reported.
2 min read · 13 September 2018
Chinese online food delivery-to-ticketing services firm Meituan Dianping raised $4.2 billion in the world’s biggest internet-focused IPO in four years as it priced the float near the top end of a marketed range, sources told Reuters.
4 min read · 13 September 2018
Private equity firms Investindustrial and Carlyle Group teamed up to create a high-end interior design group, with total sales of more than 500 million euros ($580 million), Reuters reported.
1 min read · 12 September 2018
Japan’s Pioneer Corp secured a bailout worth up to 60 billion yen ($540 million) from Baring Private Equity Asia, after failed bets on car navigation and audio systems saddled it with debt and pushed it into the red, Reuters reported.
3 min read · 12 September 2018