Private Equity
Altice (ATCA.AS) has agreed to sell its Swiss telecommunications solutions business and Data Center operations, the telecoms and cable company said on Friday, as it seeks to reduce its 50 billion euro ($59.6 billion) debt burden.
1 min read · 01 December 2017
Venture Capital firm Northzone, one of the largest stakeholders in Spotify, would like to see the music streaming company’s flotation in the spring, depending on market sentiment, one of its partners said on Thursday.
2 min read · 30 November 2017
French technology consultancy Altran (ALTT.PA) is to buy U.S. design and engineering services firm Aricent in a 1.7 billion euro ($2.01 billion) deal, Reuters reported.
2 min read · 30 November 2017
U.S. analytic software firm Uptake Technologies Inc said on Thursday it raised $117 million in venture funding, a deal that gave it a valuation of $2.3 billion, Reuters reported.
1 min read · 30 November 2017
Private equity firms Apollo (APO.N), KKR (KKR.N) and CVC Capital Partners are the final three parties left bidding for Unilever’s (ULVR.L) (UNc.AS) margarine and spreads business, sources familiar with the matter said, as the process moves towards its final round, Reuters reported.
2 min read · 30 November 2017
Bitcoin zoomed past $11,000 (£8,185.5) to hit a record high for the sixth day in a row on Wednesday after gaining more than $1,000 in just 12 hours, stoking concerns that a rapidly swelling bubble could be set to burst in spectacular fashion, Reuters reported.
3 min read · 30 November 2017
Private equity-backed Canadian waste management company GFL Environmental Inc is seeking to raise as much as C$1 billion ($778 million) in an initial public offering that could be filed as early as the first quarter, people familiar with the situation told Reuters on Wednesday.
2 min read · 29 November 2017
Spain’s BBVA (BBVA.MC) said on Wednesday it had agreed to sell 80 percent of its real estate business to U.S. fund Cerberus for 4 billion euros ($5 billion), showing how investor enthusiasm for Spanish property is reviving.
2 min read · 29 November 2017
Private equity firms Apollo (APO.N), KKR (KKR.N) and CVC Capital Partners are the final three parties left bidding for Unilever’s (ULVR.L) (UNc.AS) margarine and spreads business, sources told Reuters, as the process moves towards its final round.
2 min read · 29 November 2017
Hong Kong’s Link Real Estate Investment Trust has agreed to sell some of its property assets to a consortium led by private-equity firm Gaw Capital Partners for HK$23 billion ($2.95 billion), sending its shares to a record high, Reuters reported.
2 min read · 29 November 2017
