Catherine Badour

James Hardie Industries to buy Germany's Fermacell: Reuters

Australia-listed James Hardie Industries Plc (JHX.AX) said on Wednesday it would buy the German holding company of fiber gypsum board maker Fermacell GmbH from Xella International SA in a deal worth 473 million euros ($548 million).

Singapore's GIC to invest $200 mln in ContourGlobal IPO, says source: Reuters

Singapore sovereign wealth fund GIC will invest $200 million in the upcoming $2.2 billion initial public offering (IPO) of ContourGlobal (IPO-CON.L), a source told Reuters.

PE owner of OneMain offloads partial stake as subprime lender sale ends

The majority shareholder of OneMain Holdings (OMF.N) said on Tuesday it would divest part of its stake through an accelerated share sale, following the abandonment of the sale process for all of the subprime lender, Reuters reported.

Providence preps German home shopping channel HSE24 for sale, IPO: Reuters

Buyout group Providence is preparing German home shopping TV network HSE24 for a potential sale or stock market flotation next year, Reuters reported.

Billionaire investor Ackman loses bitter ADP proxy battle: Reuters

William Ackman got what Automatic Data Processing Inc’s (ADP.O) chief executive called an “ass-whipping” on Tuesday as the activist hedge fund manager lost an acrimonious fight to win seats on the payroll company’s board, Reuters reported.

China Literature IPO raises $1.1 billion amid heavy demand, stellar debut expected: Reuters

An IPO for China Literature (0772.HK), Tencent Holdings’ online publishing arm, has raised $1.1 billion with the retail portion gathering demand that was 625 times the number of shares on offer, setting the stage for a sterling debut on Wednesday, Reuters reported.

Nykredit owner plans to sell stake, drop IPO plan: Reuters

The board of the owner of Nykredit, Denmark’s largest mortgage lender, has agreed with five Danish pension funds to sell a 10.9 percent stake in Nykredit for 7.5 billion Danish crowns ($1.17 billion) instead of seeking an initial public offer, Reuters reported.

British app-only bank Monzo attracts $93 million in fresh funding: Reuters

British digital challenger bank Monzo has raised 71 million pounds ($93 million) in a funding round, the company said on Tuesday, to boost investment in its chase for customers disenchanted with traditional banks.

Will.i.am's startup raises $117 million, enters enterprise market: Reuters

I.am+, the tech startup founded by pop star and entrepreneur will.i.am, has raised $117 million in venture funding, the company told Reuters on Monday as it announced its entry into the corporate computing market with a voice assistant for customer service.

Goldman Sachs, China's CIC to launch up to $5 billion fund, say sources: Reuters

Goldman Sachs (GS.N) is partnering with sovereign fund China Investment Corp (CIC) to jointly launch an up to $5 billion fund to invest in U.S. manufacturers, sources told Reuters.