Private Equity
The U.S. Securities and Exchange Commission said on Sunday it was immediately suspending trading in two investment products that track cryptocurrencies, citing confusion in the markets over whether the products are exchange-traded funds (ETFs), Reuters reported.
2 min read · 10 September 2018
San Francisco technology start-up Chain Inc. has been acquired by Lightyear Corp., a company focused on the Stellar blockchain, Chain Chief Executive officer Adam Ludwin told Reuters.
2 min read · 10 September 2018
Miss Fresh, an e-commerce startup that delivers fresh produce in 20 Chinese cities, has raised $450 million from investors including Goldman Sachs and Tencent Holdings Ltd, the company’s financial adviser said on Thursday.
2 min read · 06 September 2018
Financial software company SS&C Technologies Holdings Inc (SSNC.O) is nearing a deal to buy data-sharing platform Intralinks Inc, in what would be its third major acquisition this year, sources told Reuters.
2 min read · 05 September 2018
Blackstone-backed pipeline company EagleClaw Midstream Ventures LLC said on Wednesday it would buy rival Caprock Midstream Holdings for about $950 million, strengthening its presence in the oil-rich Permian Basin.
1 min read · 05 September 2018
Australian office landlord Investa Office Fund (IOF.AX) said it will study a $2.4 billion takeover bid from Canada’s Oxford Properties Group, an offer that was criticized by rival suitor Blackstone (BX.N) which also threatened to drop its own bid.
2 min read · 05 September 2018
Theranos Inc, the once-celebrated Silicon Valley blood-testing firm, is about to dissolve itself months after top executives were indicted for defrauding investors, the Wall Street Journal reported on Wednesday.
2 min read · 05 September 2018
Oil and gas producer Southwestern Energy Co (SWN.N) agreed to sell its Fayetteville shale assets in Arkansas to privately owned Flywheel Energy LLC in an all-cash deal valued at about $1.87 billion, Southwestern said on Tuesday.
2 min read · 04 September 2018
China’s top movie ticketing platform, Maoyan Weying, has filed for a Hong Kong listing in which it aims to raise between $500 million and $1 billion, sources told Reuters.
2 min read · 04 September 2018
Fosun International (0656.HK) plans to float its Club Med holiday business in Hong Kong and raise up to $700 million, sources said on Tuesday, three years after it won the global resorts operator in a long-running takeover saga.
2 min read · 04 September 2018