KKR & Co (KKR.N) is set to be the preferred bidder to buy Nissan Motor Co supplier Calsonic Kansei Corp (7248.T) in a potential $3.8 billion deal, the Nikkei daily reported on Friday, without citing its sources.
2 min read · 28 October 2016
U.S. prosecutors on Thursday said Andrew Caspersen, the scion of a wealthy Wall Street family, should spend as long as 15-2/3 years in prison after he pleaded guilty to defrauding friends, family and a charity out of more than $38 million.
2 min read · 28 October 2016
Construction products and tool supplier Ahlsell's market debut on Friday showed Sweden's IPO market is holding up despite a lackluster climate for listings across most of Europe, Reuters reported.
2 min read · 28 October 2016
French clothing retailer Vivarte on Thursday dismissed CEO Stephane Maquaire just months after appointing him, a move which was criticized by the head of the board, who resigned from his own position in protest, Reuters reported.
1 min read · 27 October 2016
Sanchez Energy Corp (SN.N) is in talks to partner with Blackstone Group LP (BX.N) on a deal to buy Anadarko Petroleum Corp's (APC.N) assets in South Texas, the Wall Street Journal reported.
1 min read · 27 October 2016
Chinese package delivery company ZTO Express' shares opened 5.6 percent below the IPO price in their U.S. market debut on Thursday, Reuters reported.
2 min read · 27 October 2016
Blackstone Group LP (BX.N), the world's biggest alternative asset manager, posted stronger-than-expected third-quarter earnings on Thursday as its real estate, private equity and credit investments posted sharp turnarounds.
2 min read · 27 October 2016
Chinese private equity investor CDH Investments is selling up to $836 million worth of its shares in WH Group Ltd (0288.HK), the world's largest pork company, IFR reported on Thursday, citing a deal marketing termsheet.
1 min read · 27 October 2016
Buyout group Ardian has won the bidding for German residential and technical lighting products maker SLV, people familiar with the matter said.
1 min read · 27 October 2016
Medical products maker ConvaTec raised nearly 1.5 billion pounds ($1.8 billion) in London's biggest initial public offering (IPO) of 2016 on Wednesday, although it was priced at the bottom of the range in tough market conditions, Reuters reported.
2 min read · 27 October 2016