Catherine Badour

Finnish power company Elenia draws three bids as auction wraps up, say sources: Reuters

Three groups have submitted final bids for Finnish power company Elenia Oy, including China Southern Power Grid, Macquarie and Allianz and a consortium of infrastructure and pension investors, sources told Reuters.

Brazil Burger King operator may price IPO near top of range, say sources: Reuters

The operator of the Burger King fast-food chain in Brazil, BK Brasil Operação e Assessoria a Restaurantes SA, is expected to price its initial public offering near the top of the suggested price range, sources told Reuters.

Buyout firm Ardian sells 1 bln euro infrastructure asset portfolio: Reuters

Ardian has agreed to sell its stake in infrastructure assets to existing shareholder pension fund APG, in a deal which values the entire portfolio at more than 1 billion euros ($1.2 billion) the private equity firm told Reuters.

Blackstone buys back 10 percent in warehouse firm Logicor, says source: Reuters

A Blackstone real estate fund is buying a 10 percent stake in Logicor Ltd (IPO-LOG.L) just months after selling the European warehouse firm to a Chinese sovereign wealth fund, a source told Reuters.

Sweden's Vostok leads $50 mln investment in Brazil fintech Creditas: Reuters

Swedish fund Vostok Emerging Finance led a 165 million reais ($50 million) investment in Brazilian financial-technology startup Creditas Soluções Financeiras Ltda, the company said on Monday.

Chemicals distribution group Azelis considers 2018 IPO, say sources: Reuters

Belgium-based chemicals distribution group Azelis is considering a 2018 stock market listing as its private equity owner seeks to benefit from high sector valuations, sources told Reuters.

U.S. mall owner GGP rejects Brookfield Property's $14.8 billion offer, say sources: Reuters

GGP Inc (GGP.N), one of the largest owners and operators of U.S. shopping centers, has rejected a $14.8 billion buyout offer from its biggest shareholder, Brookfield Property Partners LP (BPY.O), sources told Reuters.

Italian fund denies seeking to raise stake in Aston Martin: Reuters

Italy’s Investindustrial is not in talks to increase its stake in Aston Martin and no decision has been taken on a possible stock market listing for the British carmaker, the private equity group said, denying an earlier newspaper report.

Eurazeo set to take control of private equity firm Idinvest: Reuters

Eurazeo is in exclusive talks with French investment group IDI to take a 51 pct stake in mid-cap private equity firm Idinvest, Les Echos reported on Monday.

Hong Kong activist fund tells Toshiba chip unit sale to Bain group not necessary: Reuters

A Hong Kong-based activist investor in Toshiba Corp has told the embattled conglomerate that the $18 billion sale of its chip unit sale to a Bain Capital-led group is no longer necessary after its recent capital injection, according to a letter seen by Reuters.