Reuters News

SoftBank invests $300 million in shared-office startup WeWork: Reuters

SoftBank Group Corp has invested $300 million in shared-office space company WeWork, the first installment of a multi-billion-dollar bet, Reuters reported.

Buyout funds line up bids for The Body Shop amid pricing challenges, say sources: Reuters

L'Oreal's (OREP.PA) sale of British retailer The Body Shop has drawn interest from a series of private equity investors who are lining up indicative bids ahead of a mid-April deadline, sources familiar with the matter said on Monday.

Polish retail chain Dino's IPO sale priced to raise up to $400 mln: Reuters

Polish retail chain Dino said on Monday it has priced its initial public share offering at 33.5 zlotys ($8.42) a share, potentially raising 1.6 billion zlotys ($400 million), in what could be Poland's largest IPO this year.

Unilever prepares 6 billion pound sale of food brands: Reuters

Unilever (ULVR.L) (UNc.AS) is preparing a 6 billion pound ($7.44 billion) sale of some of its food brands, British newspapers reported on Saturday.

South Korea Netmarble Games says IPO to be worth up to $2.35 billion: Reuters

Netmarble Games Corp, South Korea's largest mobile game company, said on Monday it plans an initial public offering (IPO) worth up to 2.66 trillion won ($2.35 billion) in what could be the country's second-largest listing ever.

Hansteen to sell German, Dutch industrial properties for $1.4 billion: Reuters

Britain's Hansteen Holdings (HSTN.L) has agreed to sell its German and Dutch property portfolios for 1.28 billion euros ($1.38 billion) to entities owned by funds advised by affiliates of the Blackstone Group LP (BX.N) and M7 Real Estate, the company said on Monday.

Uber president Jeff Jones quits, deepening turmoil: Reuters

Ride services company Uber Technologies Inc has been thrust deeper into turmoil with the departure of company president Jeff Jones, a marketing expert hired to help soften its often abrasive image, Reuters reported.

Albertsons held preliminary merger talks with Sprouts: Bloomberg

Grocery business Albertsons Cos held preliminary talks to merge with Sprouts Farmers Market Inc (SFM.O), Bloomberg reported on Sunday, Reuters said.

Brazil's XP aims at $6.4 billion valuation in IPO, say sources: Reuters

Brazilian securities firm XP Holding Investimentos SA is seeking a valuation range between 12 billion reais and 20 billion reais ($3.9 billion and $6.4 billion) for a domestic initial public offering slated for late May or in June, sources told Reuters.

Polish retail chain Dino moves closer to IPO: Reuters

Polish retail chain Dino said on Friday the Polish Financial Supervision Authority (KNF) had approved the prospectus for the firm's planned initial public offering, Reuters reported.