U.S. private equity firm First Reserve and Mexico's Pemex are nearing a sale and leaseback agreement worth at least $500 million, sources familiar with the operation said on Wednesday, as state-owned Pemex rushes to get extra cash, Reuters News reported.
2 min read · 23 June 2016
Last fall, Jessica Mah, the founder and chief executive of San Francisco-based inDinero, was deluged with calls from investors wanting to know when the accounting software maker would go public, Reuters News reported.
3 min read · 23 June 2016
Communications software provider Twilio Inc (TWLO.N) on Wednesday defied stock market volatility prompted by Britain's referendum on European Union membership by raising $150 million, a higher amount than it had originally targeted, Reuters News reported.
2 min read · 23 June 2016
Dupont and Bayer AG have teamed up to invest in a new fund that will back agricultural technology startups, becoming the latest companies to pile into the multibillion-dollar industry as farm profits shrink, Reuters reported.
3 min read · 22 June 2016
Dupont and Bayer AG have teamed up to invest in a new fund that will back agricultural technology startups, becoming the latest companies to pile into the multibillion-dollar industry as farm profits shrink, Reuters reported.
3 min read · 22 June 2016
Blackstone Group LP, the world's biggest investor in hedge funds, said on Wednesday that it bought a minority stake in $13 billion hedge fund Marathon Asset Management.
2 min read · 22 June 2016
Elliott Management Corp's deal to acquire Dell Inc's software assets shows how the U.S. hedge fund and prominent activist investor is stepping up its private equity practice, and positioning itself for more takeovers in the tech sector, Reuters News reported.
2 min read · 22 June 2016
CVC Capital Partners is in early talks with investors with a view to raising $14.1 billion for a European buyout fund in the first half of 2017, Bloomberg reported, citing people familiar with the matter.
1 min read · 22 June 2016
McDonald's Corp (MCD.N) has received more than half a dozen bids for its China and Hong Kong stores, including offers from Beijing Tourism Group, Sanpower and ChemChina, in an auction that could fetch up to $3 billion, Reuters News reported.
3 min read · 22 June 2016
Communications software provider Twilio Inc is expected to price its $140 million U.S. initial public offering on Wednesday, a rare technology stock market debut, one day before Britain holds a referendum on its European Union membership, Reuters News reported.
2 min read · 22 June 2016
