Catherine Badour

Italy's Generali to raise up to 1.9 billion euros in German unit sale: Reuters

Generali (GASI.MI) has agreed to sell a majority of its German life insurance unit Generali Leben to private equity-backed Viridium for up to 1.9 billion euros, raising cash for the Italian insurer that could be used for targeted acquisitions, Reuters reported.

Banks to lend up to $4 billion loan for Turk Telekom stake, say sources: Reuters

Creditor banks will extend a loan of up to $4 billion to the special purpose vehicle (SPV) they are creating to take over 55 percent of Turk Telekom as part of debt restructuring talks, sources told Reuters.

Alibaba, Tencent lead $1.5 billion investment in China media group CMC: Reuters

Chinese state-backed media group CMC Inc said on Tuesday it raised around 10 billion yuan ($1.49 billion) in a fundraising round from investors including tech giants Alibaba Group Holding Ltd (BABA.N) and Tencent Holdings Ltd (0700.HK).

Six firms in running to manage $1 billion Abraaj healthcare fund: Reuters

Colony Capital, TPG and Cerberus Capital Management are among at least six firms vying to run Abraaj’s $1 billion healthcare fund, Reuters reported.

Taking Softbank's lead, China, UK managers form $15 billion tech fund: Reuters

A China-backed venture plans to raise $15 billion to invest in technology companies globally, borrowing several pages from the playbook of Japan’s Softbank, whose $100 billion Vision Fund transformed the race to identify and build the next tech giants.

ADM to buy France's Neovia as it expands into fast-growing feeds: Reuters

Archer Daniels Midland Company (ADM) (ADM.N) is in exclusive talks to take over French animal feed business Neovia for 1.5 billion euros ($1.75 billion) as part of the U.S. farm giant’s strategy to expand in the fast growing animal nutrition sector, Reuters reported.

Chinese online group Pinduoduo files for U.S. IPO: Reuters

Chinese online group discounter Pinduoduo has filed with US authorities for an initial public offering (IPO) which, according to IFR, could raise up to $1 billion.

Dell Technologies to buy out VMWare tracking stock: Reuters

Dell Inc (DVMT.N) said on Monday it will buy out the holders of shares that track the performance of VMWare Inc (VMW.N) using a mix of cash and equity in Dell, Reuters reported.

KKR seeks to woo investors with corporate rejig: Reuters

KKR & Co (KKR.N) transforms into a corporation on Sunday, a change that should help the U.S. private equity firm tap a new pool of investors for its stock, Reuters reported.

Blackstone selling two jumbo loans for F&R buyout: Reuters

Selldown of the jumbo $13.5 billion financing backing Blackstone Group’s (BX.N) $20 billion acquisition of a 55 percent stake in Thomson Reuters’(TRI.TO) Financial and Risk unit is under way, banking sources said on Friday.