Catherine Badour

Tencent-backed WeDoctor eyes $500 mln pre-IPO fundraising: IFR

Chinese online healthcare services firm WeDoctor Group, backed by Tencent Holdings Ltd , is looking to raise about $500 million in private funding ahead of its market debut next year, IFR reported, citing people familiar with the matter.

Vietnam eyes $5 billion from majority stake sale in brewer Sabeco: Reuters

Vietnam will kick off next month the sale of a majority stake in Sabeco SAB.HM, the country’s biggest brewer and maker of the Bia Saigon and 333 beer brands, in an ambitious deal the government hopes will rake in at least $5 billion, Reuters reported.

Bitcoin tops $10,000, marks 10-fold increase in 2017: Reuters

Virtual currency bitcoin soared to an all-time high above $10,000 on Wednesday on major exchanges and digital currency indexes, including the widely followed Luxembourg-based trading platform BitStamp, Reuters reported.

Uber's third-quarter net loss widens to $1.46 billion: Reuters

Uber Technologies Inc’s quarterly losses widened, a source familiar with the matter told Reuters on Tuesday, as the ride-hailing company wades through legal troubles and faces regulatory scrutiny across the globe, Reuters reported.

Abraaj buys Tunisie Telecom from Dubai Holdings, says Tunisian minister: Reuters

Private equity firm Abraaj Group has bought from Dubai Holdings’ telecoms arm its 35 percent stake in state-controlled Tunisie Telecom, a Tunisian minister said on Monday.

China's NIO Capital eyes $500 million dollar fund for auto investments, say sources: Reuters

NIO Capital, an investment firm founded by leading Chinese electric vehicle maker NIO, is in talks with prospective investors to raise up to $500 million in a dollar fund aimed at the country’s auto sector, sources told Reuters.

French packaging firm Albea attracts private equity bids, say sources: Reuters

Private equity group Sun Capital has attracted final bids from several of its peers for French packaging group Albea, which could be valued at more than $1.5 billion in a second attempt at a sale, sources told Reuters.

France's Doctolib raises 35 mln euros to speed expansion in Germany: Reuters

French start-up Doctolib, an online booking platform for doctors, brought in listed investment firm Eurazeo in a 35 million euro ($42 million) fundraising aimed at speeding up its expansion in Germany, it said on Tuesday.

HgCapital to sell electronic trading firm Ullink to Itiviti: Reuters

London-based private equity firm HgCapital Trust Plc has agreed to sell electronic trading and connectivity solutions provider Ullink to Sweden’s Itiviti, a company backed by Nordic Capital, Reuters reported.

SoftBank offers to buy Uber shares at 30 percent discount: Reuters

Japan’s SoftBank Group Corp is offering to purchase shares of Uber Technologies Inc at a valuation of $48 billion, a 30 percent discount to its most recent valuation of $68.5 billion, Reuters reported.