Microsoft Corp (MSFT.O) executives are in early talks with potential Yahoo Inc (YHOO.O) investors about contributing to financing to buy the troubled Internet company, Reuters News reported.
1 min read · 28 March 2016
2 min read · 25 March 2016
An obscure corner of the U.S. IPO market is getting a new lease on life as more Wall Street banks and institutional investors turn to blank-check acquisition vehicles, once the domain of only a few underwriters and hedge funds, for better fortunes, Reuters News reported.
5 min read · 24 March 2016
Instant noodle maker Nissin Foods (2897.T) has agreed to buy a 17.27 percent stake in Premier Foods (PFD.L) from U.S. private equity firm Warburg Pincus , Reuters News reported.
1 min read · 24 March 2016
Yum Brands Inc (YUM.N), owner of KFC and Pizza Hut, is in talks with private equity firms including KKR & Co LP (KKR.N) and Hopu Investments to sell a minority stake in its China operations as it prepares to spin off the once booming unit, Reuters News reported.
3 min read · 24 March 2016
Activist hedge fund Starboard Value LP, which is leading an investor revolt against Yahoo Inc's (YHOO.O) management team, is seeking to remove the entire board of the struggling Internet company, the Wall Street Journal reported.
2 min read · 24 March 2016
Capsugel, a U.S. maker of capsule products and other drug delivery systems, is preparing to explore a sale or initial public offering that could value it at more than $5 billion including debt, Reuters News reported.
2 min read · 23 March 2016
Canada will invest in green technology projects and introduce tax breaks to boost energy efficiency, Finance Minister Bill Morneau said this week, but the initiative appeared to be less ambitious than some companies had hoped for, Reuters reported. Ottawa will invest more than $1 billion over four years to support clean technology in the forestry, fisheries, mining, energy and agriculture sectors, he said, adding that more precise details would be released later this year.
2 min read · 23 March 2016
Alberta Investment Management Corp (AIMCo) said it performed better in 2015 than in any year since its inception in 2008, with investments in real estate and infrastructure outperforming benchmarks, Reuters reported. The Edmonton-based pension fund manager achieved an overall rate of return of 9.1 percent from total assets under management of $90.2 billion, exceeding its benchmark.
1 min read · 22 March 2016
Goldman Sachs Group Inc (GS.N) received permission on Monday to complete its $17 billion acquisition of GE Capital Bank's U.S. online deposits, Reuters News reported.
1 min read · 22 March 2016
