Private Equity
Instone Real Estate Group, a German residential property developer, said on Monday it planned to list its shares on the Frankfurt Stock Exchange this year.
1 min read · 23 January 2018
SRS Distribution Inc, a U.S. private equity-owned wholesale distributor of building products, is exploring a sale that could value the company at close to $3 billion, including debt, sources told Reuters.
2 min read · 23 January 2018
It started 12 years ago as a one-man blog written by a self-confessed “sneakerhead.” Fashion website Highsnobiety went on to become a top destination for young men buying the latest streetwear - and has now attracted its first outside investment, Reuters reported.
2 min read · 22 January 2018
Philadelphia Energy Solutions LLC, the owner of the largest U.S. East Coast oil refining complex, announced to its employees on Sunday that it plans to file for Chapter 11 bankruptcy, according to an internal memo reviewed by Reuters.
3 min read · 22 January 2018
Bank Leumi (LUMI.TA) has agreed to sell a 15 percent stake in its subsidiary Bank Leumi USA for $141 million to two strategic investors, who will bring the bank expertise in U.S. financial services, Israel’s second-largest lender said on Monday.
1 min read · 22 January 2018
Chinese conglomerate Dalian Wanda Group has tapped three banks including Citigroup Inc and UBS Group AG to work on a proposed initial public offering for its sports businesses, four people with knowledge of the matter told Reuters.
2 min read · 22 January 2018
Wal-Mart Stores Inc is in talks with buyout firm Advent International Corp and other funds to sell a major stake in its Brazilian operations, Reuters reported.
3 min read · 22 January 2018
Toshiba Corp is considering an IPO of its prized memory chip business if an agreed $18 billion sale to a Bain Capital-led consortium fails to gain antitrust approval by the end of March, the Financial Times reported on Monday.
2 min read · 22 January 2018
China’s Ping An Insurance Group has raised nearly $1 billion for a medical data collection and analysis business ahead of a Hong Kong IPO, sources told Reuters, in what would be the second healthcare unit it plans to bring to market.
2 min read · 19 January 2018
U.S. security company ADT Corp (ADT.N), owned by private equity firm Apollo Global Management LLC (APO.N), said on Thursday its initial public offering (IPO) was priced well below its expected range, signaling investors are being picky about new offerings.
2 min read · 19 January 2018
