Catherine Badour

Investors think possible John Laing Infrastructure bid too low, says source: Reuters

Investors owning around 10 percent of John Laing Infrastructure Fund (JLIF.L) think a possible cash buyout offer valuing the company at 1.41 billion pounds ($1.85 billion) is too low, a source told Reuters.

Australia's Healthscope to sell Asian pathology operations: Reuters

Australian hospital operator Healthscope Ltd (HSO.AX) said it would sell its Asian pathology business to private equity giant TPG Capital Management LP to cut debt and bankroll growth plans, months after rejecting two buyout approaches.

German caravan maker Hymer attracts private equity interest, say sources: Reuters

Family-owned Erwin Hymer Group has attracted interest from private equity as it explores a stock market flotation which could value the German mobile home manufacturer at up to 3 billion euros ($3.51 billion), sources told Reuters.

Bankers weigh giant Aramco-Sabic debt financing: Reuters

Bankers are discussing a potential jumbo financing of up to US$70bn to back oil giant Saudi Aramco’s acquisition of a majority stake in Saudi Arabia Basic Industries Corp (Sabic) 2010.SE.

Chesapeake Energy plans to sell Utica shale stake for $2 billion: Reuters

Chesapeake Energy Corp (CHK.N) plans to sell all of its Ohio natural gas acreage to privately owned Encino Acquisition Partners for about $2 billion, the company said on Thursday.

Hillhouse Capital in talks to buy Yum China: The Information

China's Hillhouse Capital Group is in talks to buy Yum China Holdings Inc (YUMC.N), which operates KFC restaurants in the country, the Information news website reported on Thursday.

Facebook buys Israeli messaging company Redkix: Reuters

Israel’s Redkix, whose product combines email and team messaging, said on Thursday it has agreed to be acquired by Facebook, where it will join the Workplace team to help companies collaborate.

Thomson Reuters unit to be renamed Refinitiv after Blackstone deal: Reuters

Thomson Reuters Corp’s (TRI.TO) Financial and Risk unit, in which U.S. private equity firm Blackstone Group (BX.N) is buying a majority stake, will be renamed Refinitiv once the deal closes, the company said in a statement on Friday.

Chinese biotech firm Ascletis raises $400 million in HK IPO, say sources: Reuters

Chinese biotech Ascletis Pharma Inc (1672.HK) raised $400 million after pricing its IPO in the middle of an indicative range, sources told Reuters, in the first such Hong Kong listing under rules designed to attract early-stage biotech firms.

Terra Firma to sell Italy solar portfolio to F2i for 1.3 bln euros: Reuters

Private equity investor Terra Firma said on Thursday it had agreed to sell its Italian solar portfolio RTR to infrastructure fund F2i for 1.3 billion euros ($1.5 billion).