Catherine Badour

Linde says in talks to sell assets to consortium of Messer, CVC: Reuters

Germany’s Linde (LING.DE) and its merger partner Praxair (PX.N) are in advanced talks to sell assets to a consortium of German gases firm Messer Group GmbH and funds advised by CVC , Linde said on Thursday.

SoftBank's cheap valuation draws $1 billion bet from U.S. fund Tiger Global: Reuters

U.S. hedge fund Tiger Global has built a stake worth over $1 billion in SoftBank Group Corp as it considers the Japanese firm undervalued, a source told Reuters, driving SoftBank shares up as much as 6.8 percent.

China startup Luckin Coffee raises $200 million to propel expansion: Reuters

China’s Luckin Coffee, which has been expanding aggressively and touting itself as a local rival to Starbucks Corp (SBUX.O), said on Wednesday it raised $200 million in a fundraising round that values the on-demand coffee delivery startup at $1 billion.

Education company GEMS shelves multibillion dollar London IPO, say sources: Reuters

The initial public offering (IPO) of Blackstone-backed (BX.N), Middle East-focused education company GEMS has been shelved, sources told Reuters.

JD.com's finance unit raises $2 billion, doubles valuation, say sources: Reuters

JD.com Inc’s finance arm has raised at least 13 billion yuan ($1.96 billion) in fresh equity from Chinese investors, doubling its valuation ahead of an expected initial public offering, sources told Reuters.

Uber executive Hornsey resigns in email to staff following discrimination probe: Reuters

Uber Technologies Inc’s Chief People Officer Liane Hornsey resigned in an email to staff on Tuesday, following an investigation into how she handled allegations of racial discrimination at the ride-hailing firm, Reuters reported.

CPPIB, TCV buy stake in Swiss sports data group Sportradar: Reuters

Canada Pension Plan Investment Board and Silicon Valley-based investor TCV are buying a stake in Sportradar, valuing the Swiss sports data group at 2.1 billion euros (US$2.5 billion), including debt, the companies said on Monday.

UK blocks Chinese aerospace sale after security probe: Reuters

UK private equity firm Better Capital PCC Ltd’s (BCAP.L) sale of airplane parts firm Northern Aerospace Ltd to a Chinese buyer has fallen through after regulators did not issue approval following a probe into national security concerns.

Wireless speaker maker Sonos files for IPO: Reuters

Wireless speaker company Sonos Inc filed for an initial public offering on Friday, riding on the back of increasing popularity of streaming music though smartphone apps on connected audio systems, Reuters reported.

Hudson's Bay in Signa talks over possible Kaufhof joint venture: Reuters

Sak’s Fifth Avenue owner Hudson’s Bay (HBC.TO) confirmed on Friday that it was in talks with Austria’s Signa Holding over a potential joint venture for its European business, Reuters reported.