Private Equity
Online furniture retailer Westwing, backed by German ecommerce investor Rocket Internet, is reviving plans for a Frankfurt stock market listing which may come in late 2018, sources told Reuters.
2 min read · 10 August 2018
Singapore-based venture capital firm Golden Gate Ventures said on Friday it will launch a $10 million fund to invest in cryptocurrency and blockchain technology startups.
1 min read · 10 August 2018
Health insurer UnitedHealth Group Inc has at least a tentative agreement to buy specialty pharmacy operator Genoa Health from private equity firm Advent International, news website Axios reported, citing a source familiar with the deal.
1 min read · 09 August 2018
Starwood Property Trust Inc (STWD.N) said on Wednesday it would buy the debt business and loan portfolio of GE Capital’s energy finance unit for $2.56 billion, as it diversifies from commercial real estate.
2 min read · 08 August 2018
Beijing Bytedance Technology Co, owner of China’s leading news aggregator Jinri Toutiao, aims to raise about $3 billion in its latest funding round that would see its valuation soar to as high as $75 billion, sources told Reuters.
3 min read · 08 August 2018
Specialist European financial services private equity firm AnaCap Financial Partners on Monday acquired the first lien corporate debt and loan portfolio from Slovenia’s second biggest bank Nova KBM (NKBM). Reuters reported.
2 min read · 06 August 2018
strong>IWG (IWG.L) has abandoned takeover talks with its three remaining suitors in a move that ends months of uncertainty about the future of the London-listed provider of serviced offices but sent its shares tumbling, Reuters reported.
2 min read · 06 August 2018
Chinese ride-hailing giant Didi Chuxing and Alibaba’s (BABA.N) Ant Financial are in talks with bike-sharing startup Ofo for a joint buyout offer that could value Ofo at up to $2 billion, a source told Reuters.
2 min read · 03 August 2018
Investment fund Ardian has agreed to pay 850 million euros ($985 million) to create a strategic partnership with Italy’s Gavio group to support the growth of motorway infrastructure companies ASTM-SIAS, Reuters reported.
1 min read · 03 August 2018
Chinese ride-hailing giant Didi Chuxing and Alibaba’s (BABA.N) Ant Financial are in talks with bike-sharing startup Ofo for a joint buyout offer that could value Ofo at up to $2 billion, Reuters reported.
2 min read · 03 August 2018