Catherine Badour

Pearson brings in $100 million with Wall Street English sale: Reuters

Education group Pearson (PSON.L) has agreed to the sale of its Wall Street English (WSE) business to Baring Private Equity Asia and CITIC Capital for around $300 million, although its proceeds from the deal will be just a third of that, Reuters reported.

Nobel family members back 'sustainable' British venture fund: Reuters

Members of Sweden’s Nobel family, best known for the prizes bearing their name, and the billionaire co-founder of Hargreaves Lansdown are backing a venture capital fund to invest in “sustainable” technology, manufacturing and service companies in Britain, Reuters reported.

Springer Nature asks JP Morgan, Morgan Stanley to organize IPO, say sources: Reuters

SpringerNature, the publisher of science magazines Nature and Scientific American, has asked JP Morgan (JPM.N) and Morgan Stanley (MS.N) to organize a potential 4-5 billion euro stock market listing next year, sources told Reuters.

Lyft raises another $500 million in additional round of funding: Reuters

Uber rival Lyft Inc is raising an additional $500 million in funding, according to a U.S. share authorization document filed in Delaware news website Axios said.

Barracuda Networks agrees to go private in $1.6 billion deal: Reuters

Cloud computing and data security company Barracuda Networks Inc (CUDA.N) said on Monday it would be bought by private equity firm Thoma Bravo LLC in an all-cash deal worth $1.6 billion.

Israel's Kenon agrees to sell IC Power's Latam business for $1.2 billion: Reuters

Israel’s Kenon Holdings (KEN.N) (KEN.TA) said on Sunday it has agreed to sell IC Power’s Latin American and Caribbean businesses to infrastructure investment manager I Squared Capital for about $1.2 billion.

Victoria Beckham's fashion business raises $40 mln for expansion: Reuters

Victoria Beckham, the former Spice Girl turned luxury fashion designer, has raised 30 million pounds ($40 million) to expand her stores and e-commerce channel via a new funding round from NEO Investment Partners, Reuters reported.

Relaxing US lending guidelines could herald return of jumbo buyouts: Reuters

Relaxing or repealing US Leveraged Lending Guidelines could offer banks the opportunity to take back market share lost to shadow banks and direct lenders and open the door to more multi-billion dollar buyout loans, Reuters reported.

Deutsche Bank's funds arm hires private equity head: Reuters

Deutsche Asset Management, the fund management arm of Deutsche Bank, has hired Mark McDonald from Credit Suisse Asset Management to be the firm’s global head of private equity secondaries, according to a memo seen by Reuters.

Peter Thiel sells most of remaining Facebook stake: Reuters

Facebook Inc’s first major investor Peter Thiel has sold three-quarters of his remaining stake in the social network as part of a previously established trading plan, a regulatory filing showed.