Catherine Badour

Norway's sovereign wealth fund buys 245 million pounds stake in UK's Shaftesbury: Reuters

The sovereign wealth fund of Norway bought a 245 million pounds ($342 million) stake in British property group Shaftesbury from Invesco, regulatory filings showed on Thursday.

Terms emerge on financing for Blackstone's Thomson Reuters unit buy: Reuters

Details of the $13.5 billion loan and bond financing backing U.S. private equity firm Blackstone Group’s (BX.N) acquisition of a majority stake in Thomson Reuters’ Financial and Risk (F&R) unit (TRI.TO) are emerging, sources told Reuters.

Robo-adviser Wealthsimple raises $51 million to expand service: Reuters

Wealthsimple, a Toronto-based online wealth management startup, has raised $51 million (36.58 million pounds) in funding from Power Financial Corp (PWF.TO), as it seeks to compete in the increasingly crowded digital investment advice market, Reuters reported.

Orange invests in Israeli cybersecurity startup Morphisec: Reuters

Israeli cybersecurity startup Morphisec said on Monday it has raised $12 million in new funding, bringing its total to date to $20 million.

HNA property unit pledges 41 percent stake as collateral for loan: Reuters

A HNA Group unit said it has pledged about 41 percent of the company as collateral for a loan from a Hong Kong private equity firm, part of a slew of fundraising efforts by the Chinese conglomerate to address a liquidity crunch.

Bosch starts new division, acquires U.S. carpooling start-up: Reuters

Germany’s Robert Bosch on Wednesday created a new division to expand its reach in the markets for ride services and connected vehicles and acquired a small U.S. ride services company as part of the strategic shift, Reuters reported.

General Electric digital executive jumps to analytics firm Uptake: Reuters

U.S. analytic software firm Uptake Technologies is set to announce it has hired one of General Electric Co’s (GE.N) top digital executives as it pursues a potential trillion-dollar market for systems that analyze data from industrial equipment, sources told Reuters.

Xerox shareholders Icahn, Deason urge company to sell itself to rivals: Reuters

Xerox Corp shareholders Carl Icahn and Darwin Deason said on Tuesday the U.S. company should seek to sell itself to one of its rivals or a private equity firm.

Deutsche Bank to launch DWS IPO next week, sources say: Reuters

Deutsche Bank (DBKGn.DE) plans an initial public offering of its asset-management arm, DWS, on Monday next week, following on the heels of Siemens’ (SIEGn.DE) blockbuster Healthineers listing, sources told Reuters.

Israeli visual aid company OrCam valued at $1 billion: Reuters

Israel’s OrCam, which has developed a visual aid for the blind, has completed a funding round that values the company at $1 billion, putting it on track for a planned initial public offering (IPO), Reuters reported.