Catherine Badour

General Dynamics to buy rival for $6.8 billion to bolster IT unit: Reuters

U.S. defense contractor General Dynamics Corp (GD.N) said on Monday it would buy smaller rival CSRA Inc (CSRA.N) for about $6.8 billion to expand its information technology unit, which provides services to the U.S. Department of Defense.

U.S. gunmaker Remington seeks financing to file for bankruptcy, say sources: Reuters

Remington Outdoor Company Inc, one of the largest U.S. makers of firearms, has reached out to banks and credit investment funds in search of financing that will allow it to file for bankruptcy, sources told Reuters.

China's Tencent to invest $474 million in Shanda Games: Reuters

China’s Tencent Holdings Ltd will invest 3 billion yuan ($474 million) in smaller peer Shanda Games, the target firm said in a statement to Reuters on Friday, a move that will boost Tencent’s lead in the local video game market.

Global Infrastructure Partners raises Italo offer to around 2 billion euros, says source: Reuters

Global Infrastructure Partners (GIP) has raised its offer for Italian railway group Italo to around 2 billion euros ($2.45 billion), a source told Reuters.

Alibaba to take $486 mln stake in China retail data firm: Reuters

China’s biggest e-commerce company Alibaba Group Holding Ltd will invest $486 million for a stake in a domestic big- data firm focused on hotels and retail, as part of a push to deepen its offline presence, Reuters reported.

BlackRock plans to raise $10 billion for equity investments: Reuters

BlackRock Inc (BLK.N) plans to raise about $10 billion as part of a new business that would take direct stakes in companies, Reuters is reporting.

Former Perry Ellis chairman offers to buy company for $430 million: Reuters

Perry Ellis International Inc’s (PERY.O) former chairman, George Feldenkreis, on Wednesday offered to buy the clothing company for $430 million with a plan to take the company private, Reuters reported.

Turkish Burger King operator pulls U.S. IPO amid market jitters: Reuters

Turkish fast-food chain operator TFI Tab Food Investments postponed its planned $220 million initial public offering in New York on Tuesday, as the recent stock market volatility makes such stock market flotations challenging, Reuters reported.

Carlyle's fourth-quarter earnings soar amid market rally: Reuters

Private equity firm Carlyle Group LP (CG.O) said on Wednesday its fourth-quarter after-tax economic net income surged to $347.2 million from $6.4 million a year ago, as the value of its holdings was buoyed by the wider stock market rally, Reuters reported.

China's Ping An Ventures to raise up to $1.3 bln for healthcare investments: Reuters

The venture capital arm of China’s largest insurer, Ping An (601318.SS), is targeting raising up to $1.3 billion in two healthcare-focused funds that will seek growth-stage and pre-IPO investments, Reuters reported.