Catherine Badour

Japan's Line raising $1.3 billion via convertible bonds for money businesses: Reuters

Japan’s Line Corp is raising around 148.1 billion yen ($1.33 billion) through convertible bonds to fund the popular chat app operator’s aggressive expansion in the financial services business, Reuters reported.

Royal Mail buys into Canada with C$360 million courier deal: Reuters

The international arm of Britain’s Royal Mail Plc (RMG.L) has bought Canadian parcel delivery company Dicom Canada for C$360 million (£214 million), adding to its growing operations in a number of U.S. states and across Europe, Reuters reported.

Goldman-backed Riverstone readies for make-or-break fundraising, say sources: Reuters

Riverstone Holdings LLC, an energy-focused buyout firm backed by Goldman Sachs Group Inc, is laying the groundwork to raise a new flagship fund, indicating to investors it may target $5 billion in capital, sources told Reuters.

Lyft in talks to hire advisor for 2019 IPO: Bloomberg

U.S. ride services firm Lyft Inc is in talks with an advisor for a targeted March or April 2019 initial public offering, Bloomberg reported, citing people familiar with the matter.

Danone fund invests in German home mineral water machine: Reuters

Danone (DANO.PA), the maker of Evian and Volvic, is investing in a German company developing a purifier that will enable households to turn tap water into mineral water, as the French group seeks ways to adapt to growing demand for healthier food and drink, Reuters reported.

Baring Private Equity Asia closes $1 bln real estate fund: Reuters

Regional investment firm Baring Private Equity Asia’s real estate arm on Thursday announced the final closing of a $1 billion Asian real estate fund, its second and biggest to date, Reuters reported.

Actis bids for Abraaj's emerging market funds, say sources: Reuters

Actis, a leading emerging market investor, has bid to buy the bulk of the private equity funds’ business of stricken Dubai-based Abraaj, sources told Reuters.

Phoenix Global Mining seeks New York funds after London disappoints: Reuters

Phoenix Global Mining (PGMH.L), which is reopening a U.S. copper mine abandoned during World War II when its workforce left to fight, plans to list in New York in September after a disappointing launch on London’s AIM market, Reuters reported.

Medical device maker Stryker to buy K2M Group for about $1.4 billion: Reuters

Medical device maker Stryker Corp (SYK.N) said on Thursday it will buy smaller rival K2M Group Holdings Inc (KTWO.O) for about $1.4 billion to bolster its spinal devices unit.

Illinois Toolworks-backed Wilsonart explores sale: Reuters

Wilsonart, the maker of countertops and other furniture-manufacturing materials whose owners include industrial conglomerate Illinois Toolworks Inc (ITW.N), is exploring a sale that could value the private company at $2.75 billion, Reuters reported.