Private Equity
Britain’s Royal Bank of Scotland (RBS.L) has sold offshore assets from its asset financing group Lombard to specialist lenders Investec and Shawbrook Bank for 150 million pounds ($203.4 million), Sky News reported on Wednesday.
1 min read · 03 January 2018
Network security firm AlgoSec said on Wednesday it raised $36 million from investment firm Claridge Israel to help it expand globally.
1 min read · 03 January 2018
Japan’s Nippon Life Insurance Co , which recently struck a deal to buy about a quarter of U.S. investment firm TCW Group, is scouting for opportunities to buy boutique managers of bonds and alternative assets, its president said.
2 min read · 02 January 2018
Investment manager Principal Financial Group Inc (PFG.O) said on Tuesday it would purchase Indian lender Punjab National Bank’s (PNBK.NS) minority stakes in their joint ventures.
1 min read · 02 January 2018
Memorial park developer Golden Haven Inc. is recently diversifying its real estate business, having acquired a majority stake in property developer Bria Homes from Cambridge Group Incorporated.
2 min read · 29 December 2017
Mergers and acquisitions had another strong year in 2017, reaching their third highest annual level since the 2008 financial crisis, as CEOs were emboldened by buoyant markets to pursue transformative deals, even when their targets resisted, Reuters reported.
4 min read · 29 December 2017
Hong Kong bankers are eyeing a slew of blockbuster IPOs from Chinese technology firms with a total market capitalization of some $500 billion over the next two years, in a sharp contrast to 2017 - the city’s worst year for raising equity in a decade, Reuters reported.
3 min read · 29 December 2017
Aerospace group Airbus (AIR.PA) said on Thursday it has finalized orders for 430 A320neo aircrafts with U.S. private equity fund Indigo Partners, confirming the company’s largest single order, valued at nearly $50 billion.
1 min read · 29 December 2017
A consortium led by SoftBank Group Corp (9984.T) will go ahead with the purchase of a major stake in Uber Technologies Inc after existing investors in the ride services company agreed to sell shares at a price that values the startup at $48 billion, the Wall Street Journal reported on Thursday.
1 min read · 28 December 2017
British Airways owner IAG (ICAG.L) is negotiating exclusively with Niki’s insolvency administrator to take over the collapsed Austrian airline, a source told Reuters.
1 min read · 28 December 2017
