CB

Catherine Badour

Apollo, Blackstone are the only remaining bidders for Cirsa: Reuters

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

Liquidators to wind down U.S. department store chain Bon-Ton: Reuters

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

Sanofi in talks to sell generics arm to Advent for $2.4 billion: Reuters

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

GE explores hybrid deals, spinoffs in strategic review: Wall Street Journal

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 in talks to invest in Ant's $8 billion funding round: Reuters

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 close to buying majority of India's Flipkart, deal likely by end-June: Reuters

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 cancels plans for IPO on Euronext: Reuters

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

British retailer The Works gears up for $142 million IPO, say sources: Reuters

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 raises bid for Fortis hospital business: Reuters

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 expands in speciality alloys with VDM Metals acquisition: Reuters

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

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