Catherine Badour

TheStreet sells B2B business units to Euromoney for $87.3 million: Reuters

Financial news provider TheStreet Inc on Thursday said it will sell its B2B business units, The Deal and BoardEx, to London-based Euromoney Institutional Investor Plc for $87.3 million, as it explores wider options for the company, Reuters reported.

Fidelity, Nasdaq Ventures invest in cryptocurrency exchange ErisX: Reuters

New cryptocurrency exchange ErisX said Tuesday it raised a total of $27.5 million from investors including Fidelity Investments and Nasdaq Ventures.

New Zealand's Trade Me Group gets $1.8 billion buyout offer from U.S. private equity firm: Reuters

New Zealand’s e-commerce leader Trade Me Group (TME.NZ) on Wednesday received a NZ$2.56 billion ($1.77 billion) takeover offer from a U.S.-based private equity firm, a higher bid than one from a London-based counterpart last month, Reuters reported.

GSK slides after buying cancer firm Tesaro for hefty $5.1 billion: Reuters

GlaxoSmithKline has agreed to buy U.S. cancer specialist Tesaro for $5.1 billion, a costly investment to rebuild the pharmaceuticals business by new Chief Executive Emma Walmsley that unnerved investors, Reuters reported.

Ping An-backed Lufax raises $1.3 billion at lower valuation, say sources: Reuters

Ping An-backed Lufax has raised $1.33 billion in its latest funding round from a dozen investors, at a valuation below expectations of the financial technology company, people with direct knowledge of the matter told Reuters.

TIBCO to buy data management firm Orchestra Networks, say sources: Reuters

TIBCO Software Inc, a large privately-held business software provider, is acquiring French data management company Orchestra Networks in a move that will bolster its ability to help clients organize customer data, sources told Reuters.

NordLB stake sale delayed; talks with Cerberus, Apollo continue, says source: Reuters

The sale of a stake in German public-sector bank NordLB is facing delays as bidders Cerberus and Apollo (APO.N) were asked to elaborate on their offers, sources told Reuters.

Altria in deal talks with cannabis company Cronos Group: Reuters

Marlboro cigarette maker Altria Group Inc is in discussions with Canadian cannabis producer Cronos Group Incabout making a possible investment, Reuters reported.

Grab invests $100 million in Indian hotel startup OYO, says source: Reuters

Singapore-based ride-hailing firm Grab has invested $100 million in Indian hotel-reservations startup OYO, a source told Reuters.

Sorrell in advanced talks to buy ad group MightyHive: Reuters

Martin Sorrell’s new company S4 Capital (SFOR.L) said on Monday it was in advanced talks to buy MightyHive, a San Francisco-based programmatic advertising group that partners with major brands.