Catherine Badour

British wind project draws investment heavyweights, say sources: Reuters

British offshore wind project Triton Knoll has attracted the interest of several large investment funds, sources told Reuters, in a sign of the growing competition for assets in the fast-changing sector.

Terra Firma kicks off sale of Italian solar assets: Reuters

Private equity investor Terra Firma has launched the sale of its Italian solar-power asset platform RTR, which could be worth more than 1 billion euros ($1.2 billion), sources said on Monday, Reuters reported.

Morgan Stanley is sole bidder for Stockmann's Nevsky Center property, say sources: Reuters

Morgan Stanley (MS.N) has become the sole bidder for Nevsky Center property in the Russian city of St Petersburg from Finnish department store chain Stockmann (STCBV.HE) after Russian real estate investor Malltech pulled out of the tender, sources told Reuters.

Alibaba leads $1.24 billion investment in film unit of China's Wanda: Reuters

Dalian Wanda Group is selling a $1.24 billion stake in its listed film business to a pair of investors led by Alibaba Group Holding Ltd (BABA.N), as the conglomerate looks to bring in strategic partners and raise new funds.

Abraaj hires KPMG to look into healthcare fund after reported row with investors: Reuters

Dubai-based private equity firm Abraaj Group has hired global auditing firm KPMG to look into the finances of its healthcare fund after a reported dispute with some its investors in the fund, Reuters reported.

Tencent-led group to invest $1.6 billion in menswear firm Heilan, say sources: Reuters

Alibaba backs Indian online grocer BigBasket in $300 million fundraising: Reuters

India’s leading online grocer BigBasket has raised $300 million in a funding round led by China’s Alibaba (BABA.N), giving it more firepower to compete with U.S. rival Amazon (AMZN.O), Reuters reported.

Adaptive Insights hires Morgan Stanley to prepare for IPO, say sources: Reuters

Adaptive Insights Inc, a U.S. company that provides financial management software, has hired investment bank Morgan Stanley (MS.N) to lead an initial public offering that could come later this year, sources told Reuters.

Sun Capital launches sale of packaging group Coveris Rigid: Reuters

Buyout group Sun Capital is launching the sale of its European packaging group Coveris Rigid, in a potential 640-720 million euro deal, as it moves ahead with the split of the company into four units, Reuters reported.

French coastguard searches for Quiksilver boss missing at sea: Reuters

The French coastguard on Tuesday searched for Pierre Agnes, the chief executive of U.S. surfwear retailer Boardriders Inc, after his 36-foot (10.97 m) sailboat was found washed up on the country’s Atlantic coast, Reuters reported.