Catherine Badour

BlackRock upgrades outlook for U.S. stocks on earnings momentum: Reuters

The world’s biggest asset manager BlackRock Inc (BLK.N) upgraded its view on U.S. stocks, citing very strong earnings momentum, while cutting European stocks to neutral, Reuters reported.

ProSieben in exclusive talks with General Atlantic on digital stake sale, says source: Reuters

ProSiebenSat.1 Media SE (PSMGn.DE) is in exclusive talks with private equity firm General Atlantic over the sale of a minority stake in its digital unit, a source told Reuters.

American Greetings LBO backed by $370 million term loan: Reuters

US greeting card and stationer American Greetings’ leveraged buyout by private firm Clayton, Dubilier & Rice (CD&R) will be backed by a roughly $370 million institutional term loan, sources told Reuters.

Blackstone's debt for TR unit buy totals more than $15 billion: Reuters

The financing backing US private equity firm Blackstone Group’s (BX.N) acquisition of a majority stake in Thomson Reuters’ Financial and Risk (F&R) unit (TRI.TO) totals more than $15 billion, banking sources told Reuters.

Goldman Sachs and Macquarie seen as front runner in HES Terminals sale, say sources: Reuters

A consortium of infrastructure funds at Goldman Sachs (GS.N) and Macquarie (MQG.AX) is seen as the front runner in the sale of European bulk port terminal operator HES International, worth around 2 billion euros ($2.5 billion), industry sources told Reuters.

Walmart in talks to buy more than 40 percent of India's Flipkart, say sources: Reuters

Walmart Inc (WMT.N) is in talks to buy a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com Inc (AMZN.O) in Asia’s third-largest economy, sources told Reuters.

Israeli startup CommonSense Robotics raises $20 million: Reuters

Israel’s CommonSense Robotics, whose technology enables retailers to offer quick and affordable grocery deliveries, said on Thursday it has raised $20 million in an early-stage investment round, bringing its total funding to $26 million.

Thomson Reuters chair sought better terms for financial unit: WSJ

Thomson Reuters Corp (TRI.TO) (TRI.N) Chairman David Thomson urged the company’s board of directors to seek better terms for its $17 billion sale of a large chunk of its business to Blackstone Group LP (BX.N), the Wall Street Journal reported on Thursday, citing people close to the deal.

Russian fund builds investors pool for Saudi Aramco IPO: Reuters

The Russian Direct Investment Fund (RDIF) has pledged to set up a “significant” pool of investors for the potential $100 billion initial public offering (IPO) by Saudi Arabian state oil major Aramco, it said on Thursday.

Tyne & Wear Pension Fund allocates 260 million pounds to private debt: Reuters

UK-based Tyne and Wear Pension Fund has chosen alternative investment managers Pemberton Capital Advisers and HPS Investment Partners to manage its 260 million pound commitment to private debt, Reuters reported.