Catalyst CEL Fund said on Tuesday it is leading a $25 million investment round in SatixFy Ltd, an Israeli provider of satellite communication technology.
1 min read · 03 November 2016
A deal to sell the Moly-Cop division of troubled Australian steel group Arrium Ltd could be sealed in the next 24 hours, a source told Reuters.
1 min read · 03 November 2016
Buyout group SVPGlobal has put UK food packaging group Linpac up for sale in a potential 500 million euro ($556 million) deal led by investment bank Rothschild, sources told Reuters.
1 min read · 03 November 2016
England's High Court ruled on Thursday that the British government requires parliamentary approval to trigger the process of exiting the European Union, a major upset for Prime Minister Theresa May's plans for Brexit, Reuters reported.
1 min read · 03 November 2016
Palatin Technologies Inc (PTN.A), which is looking to take the throne from Addyi as the primary drug treatment for low sex drive in women, has hired an investment bank to explore a sale or licensing deal, a source told Reuters.
2 min read · 03 November 2016
TPG Capital Management LP has slashed the amount it plans to raise in a listing of Australia's biggest chicken producer, the second domestic offering in as many months to be re-priced as investor enthusiasm for IPOs wanes, Reuters reported.
2 min read · 02 November 2016
A former fund manager at the London division of asset manager BlackRock Inc (BLK.N) on Wednesday pleaded guilty to two counts of insider dealing in a London court, Reuters reported.
1 min read · 02 November 2016
The Indian government and three state-run firms will jointly set up an equity fund of up to $2 billion for renewable energy companies to tap into to help New Delhi meet its clean energy goals, government sources told Reuters.
2 min read · 02 November 2016
U.S. buyout firm KKR & Co (KKR.N) is no longer in the bidding to buy Takata Corp (7312.T), the Japanese parts maker at the center of the world's biggest auto recall, a source told Reuters.
1 min read · 02 November 2016
The Canadian government will set up an infrastructure bank and give it access to $35 billion to help fund major projects that might otherwise not get built, Finance Minister Bill Morneau said. Morneau told the House of Commons that the proposed bank, which Ottawa hopes will be up and running next year, would attract as much as $4 to $5 in private capital for every tax dollar invested. The bank, working with institutional investors as well as public and private pension funds, would conclude and execute complex infrastructure deals using loans, loan guarantees and equity investments.
2 min read · 01 November 2016
