The private equity funds of Blackstone (BX.N) and Apollo (APO.N) are the only two bidders left in the sale of Spanish gaming hall operator Cirsa, raising doubts about whether the sale will go ahead, Reuters reported.
1 min read · 23 April 2018
Bankrupt department store chain Bon-Ton Stores Inc (BONTQ.PK) said on Tuesday it received a winning bid from a joint venture, including Great American Group and Tiger Capital Group, to wind down its operations, Reuters reported.
2 min read · 18 April 2018
French healthcare group Sanofi (SASY.PA) is in exclusive talks to sell its Zentiva European generics drugs arm to private equity firm Advent International for 1.9 billion euros ($2.4 billion), the companies said on Tuesday.
2 min read · 17 April 2018
General Electric Co (GE.N) is exploring a public offering for one of its divisions and discussing hybrid deals with public companies to combine assets, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
1 min read · 12 April 2018
Warburg Pincus LLC is in talks to invest in a fundraising round for China’s Ant Financial Services Group expected to be worth at least $8 billion, Reuters reported.
3 min read · 12 April 2018
Walmart Inc (WMT.N) is likely to reach a deal to buy a majority stake in Indian e-commerce player Flipkart by the end of June in what could be the U.S. retail giant’s biggest acquisition of an online business, Reuters reported.
3 min read · 12 April 2018
Varo Energy BV said on Tuesday it had decided not to proceed with plans for a flotation on the Euronext stock exchange in Amsterdam, citing poor market conditions.
1 min read · 11 April 2018
Britain’s The Works is planning a stock market flotation that could value the discount gift and stationery chain at about 100 million pounds ($142 million), sources told Reuters.
1 min read · 11 April 2018
India’s Manipal Hospitals Enterprises Private Ltd raised its offer to buy rival Fortis Healthcare Ltd’s (FOHE.NS) hospital business by about a fifth in an attempt to win over minority shareholders opposed to the deal, Reuters reported.
2 min read · 11 April 2018
Aperam has agreed to acquire VDM Metals for 438 million euros ($542 million), the Luxembourg-based steel producer said on Wednesday, in a move to boost its position in high-end alloys.
1 min read · 11 April 2018