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Reuters News

KKR to be preferred bidder for Nissan supplier Calsonic in $3.8 billion deal: Nikkei

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. eyes long prison term for Wall Street scion's fraud

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

Sweden overcomes wider listing lull with biggest IPO since 2000: Reuters

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 retailer Vivarte changes CEO: Reuters

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 may partner with Blackstone to buy Anadarko assets: WSJ

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

China's ZTO Express falls in market debut: Reuters

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

Buyout firm Blackstone third-quarter earnings beat estimates: Reuters

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 firm to sell up to $836 million stake in WH Group: IFR

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 wins race for German lighting group SLV, say sources: Reuters

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 tech firm ConvaTec braves London market with $1.8 bln IPO: Reuters

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

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