Private Equity
Brazilian credit card processing firm Stone Pagamentos SA is planning its initial public offering in New York by the second half of the year, sources told Reuters, to raise funds to compete with larger rivals Cielo SA (CIEL3.SA) and the Rede division of Itaú Unibanco Holding SA (ITUB4.SA).
2 min read · 19 January 2018
Google, Singapore investor Temasek and China’s Meituan-Dianping are investing in Go-Jek as part of a $1.2 billion fundraising round, bolstering the Indonesian ride-hailing firm in its battle with deep-pocketed rivals Grab and Uber, sources said.
3 min read · 18 January 2018
German online furniture retailer Home24, in which Rocket Internet (RKET.DE) is a major investor, is preparing a stock market listing in early summer, Manager Magazin reported on Thursday, citing unidentified company insiders.
2 min read · 18 January 2018
Hudson River Trading LLC has agreed to buy Sun Trading parent Sun Holdings LLC, it said on Tuesday, the latest takeover in a shrinking high frequency trading industry beset by low market volatility and rising costs, Reuters reported.
1 min read · 17 January 2018
U.S. private equity firm Carlyle Group (CG.O) is considering an initial public offering (IPO) of its minority holding in Turkish lingerie and swimsuit retailer Penti, three people familiar with the matter told Reuters
1 min read · 17 January 2018
Swiss airline Belair, formerly part of collapsed low-cost carrier Air Berlin (AB1.DE), has been taken over by German investment company SBC, Reuters reported.
2 min read · 16 January 2018
U.S. financial technology firm Blackhawk Network Holdings Inc (HAWK.O) said on Tuesday it would be acquired by private equity firms Silver Lake and P2 Capital Partners in an all-cash deal worth about $3.5 billion including debt.
1 min read · 16 January 2018
The state owners of Germany’s HSH Nordbank on Monday agreed to exclusive talks with potential buyers J.C. Flowers and Cerberus as long-running attempts to privatize the ailing bank near conclusion, sources told Reuters.
2 min read · 15 January 2018
German used-car dealing platform Auto1 said a 460 million euro ($561 million) financial infusion from Japan’s Softbank meant it was under no pressure to launch an initial public offering to fund its pan-European growth plans.
2 min read · 15 January 2018
China’s second-biggest e-commerce firm JD.com (JD.O) has kicked off a fundraising round at its logistics unit with a target of at least $2 billion, and eventually plans to list the business overseas, sources told Reuters.
2 min read · 15 January 2018
