Some investment banks seeking to be added as underwriters to Snapchat owner Snap Inc's initial public offering registration document have been denied access to review it before it is made public this week, Reuters reported.
3 min read · 02 February 2017
Shares of Laureate Education Inc slumped as much as 13.4 percent in their debut on Wednesday, valuing the higher education provider at $1.97 billion, more than a year after it filed to go public, Reuters reported.
1 min read · 01 February 2017
BlackRock Inc is pushing further into the private infrastructure market with an agreement to buy First Reserve Corp's Energy Infrastructure Funds unit, Reuters reported.
1 min read · 01 February 2017
U.S. private equity firm Orion Mine Finance Group is in talks to sell a portfolio of 87 mining royalty, streaming and offtake assets, Orion portfolio manager Douglas Silver said. He declined to comment on a sales price but sources told Reuters the portfolio could fetch as much as US$1 billion. The companies Orion is talking to include Toronto-based Franco-Nevada Corp, Vancouver-based Silver Wheaton Corp and Denver, Colorado-based Royal Gold Inc, the sources said. The portfolio includes 71 royalties, eight streams and eight offtake agreements on gold, silver, base metals and diamond assets spread across 16 countries.
2 min read · 01 February 2017
General Electric (GE.N) said on Wednesday it has agreed to sell its 43 percent stake in South Korean credit card firm Hyundai Card Co Ltd as the U.S. industrial giant continues to trim its exposure to the financial services sector.
1 min read · 01 February 2017
Invitation Homes (INVH.N), the largest U.S. home rental company, raised $1.54 billion in an initial public offering on Tuesday, the company said, setting the stage for a pick-up in IPO activity in 2017, Reuters reported.
2 min read · 01 February 2017
Buyout firm Thoma Bravo LLC is exploring a sale of Global Health Exchange (GHX), a software company that helps track medical and surgical supplies that could be worth as much as $1.3 billion, including debt, Reuters reported.
2 min read · 01 February 2017
Buyout firm Thoma Bravo LLC is exploring a sale of Global Health Exchange (GHX), a software company that helps track medical and surgical supplies that could be worth as much as $1.3 billion, including debt, sources told Reuters.
2 min read · 31 January 2017
Credit Suisse AG has hired Goldman Sachs Group Inc leveraged finance banker Matt DeFusco as a managing director, Reuters reported.
1 min read · 31 January 2017
German packaging group Mauser (MSR.N) aims to raise up to $319 million from a stock market listing in New York, the company said in a regulatory filing on Monday.
2 min read · 31 January 2017
