Reuters News

India's Pepperfry raises $31 million from investors including Goldman: Reuters

Pepperfry, an Indian online furniture marketplace, said on Wednesday it had raised 2.1 billion rupees ($31.3 million) from existing investors including Goldman Sachs Group Inc (GS.N) in a new round of funding, Reuters reported.

Denmark's Nets to launch early IPO on Friday due to share demand: Reuters

Denmark's Nets will list in Copenhagen on Friday, four days earlier than planned, after attracting solid interest in its shares, the card payment services company said on Wednesday.

Bain in $1.5 billion South African Edcon debt for equity deal: Reuters

Private equity firm Bain Capital has agreed a debt for equity swap deal valued at $1.5 billion for Edcon, the chief executive of the South African clothes retailer said on Tuesday.

Rev Group interviews investment banks for IPO, say sources: Reuters

Rev Group Inc, a U.S. manufacturer of emergency and specialty vehicles, is interviewing investment banks for an initial public offering (IPO) that could value it at more than $1 billion, including debt, sources told Reuters.

Dubai Aerospace to buy 80 pct stake in Jordan maintenance firm: Reuters

Dubai Aerospace Enterprise (DAE), an aircraft leasing and maintenance company controlled by the government of Dubai, said on Tuesday it had agreed to buy an 80 percent stake in Jordan Aircraft Maintenance Limited (Joramco).

WH Ireland says Kuwaiti group takes 23 pct stake in company: Reuters

WH Ireland Group Plc said on Tuesday Kuwaiti European Holding Group (KEH) and related parties had bought a 23.1 percent stake in the company, amid media speculation that KEH may be positioning itself to buy out the British stockbroker.

Three private equity firms bid for GE's Hyundai Card stake: Invest Chosun

Three private equity firms are bidding for General Electric's (GE.N) 43 percent stake in its South Korean credit card joint venture, Hyundai Card, in a deal that may be worth more than 600 billion won ($537 million), Invest Chosun reported on Tuesday.

Apollo Global eyes Community Health Systems assets: Reuters

Apollo Global Management LLC (APO.N) is one of the private equity firms that is in talks to acquire assets of heavily indebted U.S. hospital operator Community Health Systems Inc (CYH.N), Reuters reported.

Wal-Mart completes acquisition of Jet.com: Reuters

Wal-Mart Stores Inc (WMT.N) on Monday said it has completed the acquisition of internet retailer Jet.com after agreeing to pay about $3 billion for the e-commerce startup last month, Reuters reported.

Grab raises $750 million to take on Uber in Southeast Asia: Reuters

Grab, the biggest rival to ride-sharing service Uber Technologies Inc in Southeast Asia, has raised $750 million in a funding round, turning up the heat on the U.S. firm now seeking to expand in the region after exiting China, Reuters News reported.