Catherine Badour

U.S. firm Starwood seeks stakes in Austrian property groups, shares rise: Reuters

U.S. private equity firm Starwood Capital Group announced bids on Thursday to acquire a quarter of Austrian property company CA Immo and a smaller stake in its rival Immofinanz, sending shares in both higher, Reuters reported.

Apollo CEO sees Ares offering little incentive for stock conversion: Reuters

Apollo Global Management LLC Chief Executive Leon Black on Wednesday downplayed the possibility that his private equity firm would follow peer Ares Management LP in converting from a publicly listed partnership into a corporation, Reuters reported.

Chinese drone maker DJI seeking at least $500 million in funds: Reuters

China’s SZ DJI Technology Co Ltd, the world’s largest maker of non-military drones, is in talks with investors for at least $500 million in funding ahead of a planned stock market debut, Reuters reported.

World Freight Company International shops for buyer in over 600 mln euro deal, say sources: Reuters

Cargo freight services provider World Freight Company International (WFCI) is shopping for a buyer in a deal that could be worth over 600 million euro (525.14 million pounds), sources told Reuters.

HelloFresh to buy U.S. organic meals rival Green Chef: Reuters

German meal-kit delivery company HelloFresh (HFGG.DE) is buying U.S. rival Green Chef Corporation in a move that will boost revenue but will delay efforts to rein in losses, Reuters reported.

Norway's Telenor exits central Europe with $3.4 billion asset sale to Czech investor PPF: Reuters

Norwegian telecoms firm Telenor (TEL.OL) has agreed to sell its businesses in central and eastern Europe to Czech billionaire Petr Kellner’s investment firm PPF Group for 2.8 billion euros ($3.4 billion), Reuters reported.

Deutsche Bank narrows price range for DWS initial public offering: Reuters

Deutsche Bank (DBKGn.DE) has narrowed the price range of the initial public offering of its asset management unit, DWS, meaning it will raise less than the 2 billion euros ($2.5 billion) the lender had originally hoped for, Reuters reported.

Goldman Sachs, Wellcome Trust in joint bid for Network Rail's commercial property estate: Reuters

Goldman Sachs (GS.N) and the Wellcome Trust charity have made a joint bid to buy the commercial property portfolio of Britain’s Network Rail , a spokeswoman for the Wellcome Trust said.

Dropbox raises IPO price range by $2 on strong demand: Reuters

Cloud storage firm Dropbox Inc raised the price range for its initial public offering by $2 on Wednesday as investors bid strongly for the first big tech IPO this year ahead of final pricing expected on Thursday, Reuters reported.

Banks prepare around €1 billion of debt for potential HSE24 sale: Reuters

Bankers are working on debt financings of almost €1bn to back a potential sale of German home shopping TV network HSE24, banking sources said.