Reuters News

GGV Capital raises nearly $1.2 bln as venture fundraising streak continues: Reuters

GGV Capital, which invests in the United States and China, has raised $1.15 in capital for two new funds

Alibaba buys control of Lazada in $1 billion bet on SE Asia e-commerce growth: Reuters

Alibaba Group Holding Ltd said on Tuesday it has agreed to buy a controlling stake in Southeast Asia online retailer Lazada Group for about $1 billion, its biggest deal overseas, as the Chinese e-commerce giant seeks fertile new turf while growth slows at home, Reuters News reported.

Viacom's Redstone opposes selling minority stake in Paramount: WSJ

Ailing Viacom Inc (VIAB.O) controlling shareholder Sumner Redstone opposes Chief Executive Officer Philippe Dauman's plan to sell a minority stake sale in Viacom's Paramount Pictures movie studio, the Wall Street Journal reported on Monday.

Dell's SecureWorks valued at $1.42 billion in year's first tech IPO: Reuters

Dell Inc's cyber security unit, SecureWorks Corp, could be valued at up to $1.42 billion in its initial public offering, the first major U.S. listing of a technology company this year, Reuters News reported.

Pacific E&P shareholders seek to block Catalyst Capital deal: Reuters

A group of shareholders in Pacific Exploration & Production Corp has asked Colombia's markets regulator to block a possible buyout deal by Canadian private equity firm Catalyst Capital Group Inc, Reuters reported, citing a story by the Wall Street Journal. The shareholder group, led by O'Hara Administration Co, claim that the offer by Catalyst benefits Pacific's co-chairmen but leaves shareholders with nothing. Pacific is a Canadian explorer and producer of natural gas and crude oil in Latin America.

Daily Mail parent in talks with private equity for Yahoo bid: Reuters

Britain's Daily Mail is in talks with potential partners to mount a joint bid for Yahoo's (YHOO.O) internet assets, eyeing a plan to buy the troubled U.S. Internet pioneer to help boost advertising revenues from the Mail's globally popular online news site.

Greybull Capital signs deal to buy Tata's Scunthorpe business: Reuters

ritish investment firm Greybull Capital said on Monday it would buy Tata Steel's (TISC.NS) Long Products Europe division, based in Scunthorpe, northern England, in a deal which includes a 400 million pound ($570 million) investment and financing package, Reuters News reported.

Yahoo extends deadline for bids by a week: Re/code

Yahoo Inc (YHOO.O) has extended the deadline to bid for its businesses by a week to April 18, technology news website Re/code reported, citing people familiar with the matter.

NXP Semiconductor weighing sale of standard products business: Bloomberg

NXP Semiconductors NV is considering a sale of its standard products business and has received interest from Chinese buyers, Bloomberg reported on Friday, citing sources familiar with the matter.

Women's clothing retailer J.Jill taps banks for IPO: Reuters

Women's apparel and footwear retailer J.Jill Group has tapped Bank of America (BAC.N), Morgan Stanley (MS.N) and Jefferies Group LLC as underwriters for a possible initial public offering, Reuters News reported.