Catherine Badour

Xiaomi taps CLSA, Morgan Stanley, Goldman for IPO sponsor role, say sources: Reuters

Xiaomi has tapped CLSA, Goldman Sachs and Morgan Stanley as joint sponsors for its proposed IPO, sources told Reuters, in what could potentially value the Chinese smartphone maker at up to $100 billion.

SoftBank considers IPO for Japan wireless unit, said to seek $18 billion: Reuters

SoftBank Group Corp (9984.T) said on Monday it was considering listing its Japanese wireless business - a move that could reportedly raise $18 billion and would accelerate the conglomerate’s transformation into one of the world’s biggest tech investors.

BlackRock CEO Fink shows no signs of entering bitcoin ETF race: Reuters

BlackRock Inc (BLK.N) has profited by being beating its competitors in exchange-traded funds to the punch, but Chief Executive Officer Larry Fink seems happy to be out of step with at least one trend - the race to build a bitcoin fund, Reuters reported.

SS&C in talks to buy DST Systems for over $5 billion: Reuters

SS&C Technologies Holdings Inc (SSNC.O) is in advanced talks to acquire DST Systems Inc (DST.N) for more than $5 billion, as it seeks to expand its footprint in financial technology software, Reuters reported.

Germany's Oetinger Aluminium sold to Czech Metal Trade group: Reuters

German aluminum producer Oetinger Aluminium has been sold to the Czech Republic-based Metal Trade Comax Group for an undisclosed sum, Oetinger said on Tuesday.

Blackstone to buy Canadian REIT Pure Industrial in C$2.5 billion deal: Reuters

A Blackstone Group (BX.N) affiliate is to buy Pure Industrial Real Estate Trust (AAR_u.TO) in an all-cash deal valued at about C$2.48 billion ($2 billion), the Canadian REIT said on Tuesday.

Brambles to sell North American recycled pallets business: Reuters

Australian pallets and container company Brambles Ltd (BXB.AX) said on Tuesday it will sell CHEP Recycled, its recycled whitewood pallets business in North America, to Grey Mountain Partners for an enterprise value of $115 million.

GoPro says open to sale but not actively pursuing: Reuters

GoPro Inc (GPRO.O) would be willing to partner with a larger sector player but is not actively engaged in a sale, the action camera-maker said on Monday, as its shares partly rebounded from earlier heavy losses, Reuters reported.

Fund managers say bitcoin ETF proposals withdrawn due to SEC concern: Reuters

Two U.S. companies shelved proposals to launch bitcoin exchange-traded funds, citing ongoing concerns by the Securities and Exchange Commission (SEC), Reuters reported.

Celgene to buy Impact Biomedicines for up to $7 billion: Reuters

U.S. biotech pharmaceutical firm Celgene Corp (CELG.O) said on Sunday that it had agreed to acquire Impact Biomedicines for as much as $7 billion, subject to certain milestones associated with regulatory hurdles and sales performance.