Canada's largest pension funds see opportunities to invest in U.K. real estate and infrastructure at discounted prices following Britain's decision to leave the European Union, fund executives told Reuters. The funds, which manage over $1 trillion of assets and are among the biggest investors in British real estate and infrastructure, anticipate valuations falling as a result of the country's decision to leave the bloc, presenting opportunities for investors willing to take a long-term view.
3 min read · 24 June 2016
French private equity group Astorg has agreed to acquire Swiss industrial software group Autoform for almost 700 million Swiss Francs ($721 million), sources told Reuters.
1 min read · 24 June 2016
Britain's 2.2 million financial industry workers face years of uncertainty and the risk of thousands of job cuts after the country voted to quit the European Union, leaving question marks over London's status as Europe's premier financial centre, Reuters News reported.
4 min read · 24 June 2016
Buyout group EQT is launching the sale of German utility services provider SAG, which may fetch roughly 1 billion euros ($1.1 billion), Reuters News reported.
1 min read · 24 June 2016
German consumer products group Henkel (HNKG_p.DE) said on Friday it was buying U.S. laundry and home care company The Sun Products Corp from a fund of Vestar Capital Partners in a deal valued at $3.6 billion including debt, Reuters News reported.
2 min read · 24 June 2016
Shares of software maker Twilio Inc surged as much as 72 percent in their debut on Thursday, raising hopes that investor appetite for U.S. tech IPOs is finally returning.
2 min read · 23 June 2016
Shares of software maker Twilio Inc surged as much as 72 percent in their debut on Thursday, raising hopes that investor appetite for U.S. tech IPOs is finally returning.
2 min read · 23 June 2016
Belgian chemicals group Solvay is pressing ahead with the sale of two non-core units as part of its efforts to streamline operations and refocus on specialty materials, sources told Reuters.
2 min read · 23 June 2016
U.S.-based payments app Circle has raised $60 million from Chinese investors and launched a company in China, as it seeks to expand in the world's second-largest economy, Reuters reported.
2 min read · 23 June 2016
U.S.-based payments app Circle has raised $60 million from Chinese investors and launched a company in China, as it seeks to expand in the world's second-largest economy, Reuters reported.
2 min read · 23 June 2016
