Catherine Badour

Steinhoff creditors hire PJT, Latham & Watkins for any debt restructuring: Reuters

A group of Steinhoff creditors have appointed financial adviser PJT Partners and law firm Latham Watkins to represent them in any potential debt restructuring, PJT said.

Britain's Relx to pay 580 million pounds for digital identity group ThreatMetrix: Reuters

European information and analytics provider Relx has agreed to pay 580 million pounds ($819 million) in cash to buy ThreatMetrix, which analyses over 100 million transactions per day to hunt for cases of fraud, Reuters reported.

Buyout firm Leonard Green nears deal to acquire Pro Mach: Reuters

Private equity firm Leonard Green & Partners LP is nearing a deal to acquire U.S. packaging company Pro Mach Group Inc from buyout firm AEA Investors LP for more than $2.2 billion, including debt, Reuters reported.

Alibaba, Foxconn lead $350 million funding in electric car startup: Reuters

Alibaba Group Holding Ltd and Foxconn Technology Co Ltd have led a 2.2 billion yuan ($347.74 million) funding round in Chinese electric car maker Xiaopeng Motors as competition escalates in the new energy vehicle (NEV) market, Reuters reported.

Google confirms investment in Indonesian ride-hailing firm Go-Jek: Reuters

Google has made its first ride-hailing investment in Asia by pumping money into Go-Jek, as the Indonesian start-up and deep-pocketed rivals rapidly expand their app-based services and digital payments in Southeast Asia, Reuters reported.

U.S. gunmaker Remington turns to debt restructuring advisors, say sources Reuters

Remington Outdoor Company Inc, one of the largest U.S. makers of firearms, is working with investment bank Lazard Ltd (LAZ.N) on options to restructure its $950 million debt pile, sources told Reuters.

Fujitsu in talks to sell mobile phone unit, highlighting fading Japanese presence: Reuters

Japan’s Fujitsu Ltd said on Friday it was in talks about selling its mobile phone business to investment fund Polaris Capital Group, becoming the latest Japanese electronics maker to withdraw from the sector.

Goldman, Barclays, SocGen interested in Commerzbank unit: Handelsblatt

Wall Street investment bank Goldman Sachs Group Inc, Britain’s Barclays Plc and French lender Societe Generale SA are interested in buying the Equities, Markets and Commodities (EMC) division of Germany’s Commerzbank AG, Handelsblatt reported on Thursday.

Singapore-listed ESR-REIT, Viva Industrial in merger talks to boost scale, say sources: Reuters

Singapore-listed ESR-REIT and rival Viva Industrial Trust are in advanced merger talks aimed at boosting scale for both companies in a tough operating environment for the industry, sources told Reuters.

HNA Group sells Sydney building to Blackstone for $161 million, say sources: Reuters

China’s HNA Group has reached a deal to sell a building in Sydney to Blackstone Group for about $161 million, sources told Reuters, as the embattled company divests some holdings and seeks new funding.