Private Equity
More banks are poised to join a $14 billion financing backing US private equity firm Blackstone Group’s acquisition of a majority stake in the Financial and Risk business of Thomson Reuters Corp, banking sources said on Wednesday.
3 min read · 14 February 2018
The majority owner of Britain’s Sky Bet, CVC, has chosen investment banks Citi (C.N), Goldman Sachs (GS.N) and Barclays (BARC.L) to lead an initial public offering of the online betting company, sources told Reuters.
1 min read · 14 February 2018
China’s state-controlled drugmaker Harbin Pharmaceutical Group Holding Co (600664.SS) will buy an about 40 percent stake in U.S. nutritional supplements retailer GNC Holdings Inc (GNC.N) for $300 million and are in talks for a joint venture in China, the companies said.
2 min read · 14 February 2018
JD.com Inc said on Wednesday it had raised $2.5 billion for its logistics arm, as the second-largest Chinese e-commerce firm seeks to further bolster its position in online retail in its home country and beyond.
1 min read · 14 February 2018
Turkish private equity fund Actera is planning an initial public offering for auto parts maker Standard Profil and has mandated JP Morgan for a listing that may take place in London, sources told Reuters.
1 min read · 13 February 2018
Amazon.com Inc paid about $90 million to acquire the maker of Blink home security cameras late last year, in a secret bet on the startup’s energy-efficient chips, sources told Reuters.
3 min read · 12 February 2018
Danish telecoms company TDC (TDC.CO) urged investors on Monday to back a $6.7 billion cash offer from Australia’s Macquarie (MQG.AX) and three Danish pension funds who promised to invest in the country’s digital infrastructure, Reuters reported.
3 min read · 12 February 2018
U.S. business software company BMC Software Inc is holding conversations with investment banks about an initial public offering (IPO) that could value it at more than $10 billion, including debt, sources told Reuters.
2 min read · 12 February 2018
Three banks have been mandated on a 339 million euro equivalent leveraged loan financing backing the acquisition of French calibration services provider Trescal, banking sources said.
1 min read · 12 February 2018
British business-to-business information company Euromoney (ERM.L) has agreed to sell its Global Markets Intelligence Division (GMID) to a Chinese consortium of CITIC Capital Partners and leading business news outlet Caixin for $180.5 million, it said on Monday.
1 min read · 12 February 2018