Exchange and clearing house operator Intercontinental Exchange Inc (ICE.N) said it was considering making an offer for London Stock Exchange Group Plc (LSEG) (LSE.L), a move that could derail Deutsche Boerse AG's (DB1Gn.DE) potential tie-up with the British company, Reuters News reported.
2 min read · 01 March 2016
American Securities LLC is in exclusive talks to acquire North American Partners in Anesthesia (NAPA), valuing the largest U.S. specialty anesthesia management company at close to $1 billion, including debt, according to people familiar with the matter.
1 min read · 01 March 2016
Goldman Sachs Group Inc has named Pete Lyon and David Ludwig to co-head its equity capital markets group in the Americas, according to a memo on Monday seen by Reuters.
1 min read · 29 February 2016
Middle Eastern online retailer Souq.com has raised $275 million from a funding round with investors to support its future growth, it said on Monday, in the largest-ever fundraising in the region's e-commerce space.
2 min read · 29 February 2016
Struggling Toshiba Corp plans to sell its entire medical equipment unit rather than just a controlling stake, people familiar with matter said, adding that aggressive bidding could value the business at much more than initial estimates of $3.5 billion, Reuters News reported.
2 min read · 29 February 2016
Solera plans to privately place a roughly 410m unsecured bond tranche, according to a source close to the deal, in order to get its US$3.9bn LBO debt package over the line on Monday, Reuters News reported.
2 min read · 29 February 2016
As anxiety over a slowing global economy grows, private equity players are looking to swoop on distressed assets but are fearful that funding could dry up.
3 min read · 26 February 2016
A new takeover bid regime outlined by Canadian regulators is set to dramatically extend the minimum offer period on hostile bids, potentially reducing hostile deal activity in a largely resource-driven Canadian market, Reuters reported. The new rules, unveiled this week, will require that hostile bidders come in with fully financed bids and keep offers open for a minimum of 105 days, up from 35 days currently.
2 min read · 26 February 2016
The Ontario Municipal Employees Retirement System (OMERS) generated a 6.7 percent return in 2015, helped by a strong performance of private equity, real estate and infrastructure investments, Reuters reported. OMERS said net assets rose to more than $77 billion last year, up from $72 billion in 2014.
1 min read · 26 February 2016
Brazil's state-led oil company Petrobras is expected to fetch as much as US$6 billion from the sale of a natural gas pipeline unit in Brazil's industrialized southeast, Reuters reported, citing a Valor Economico daily newspaper report. Bids for Nova Transportadora do Sudeste are expected to come from Canada's Brookfield Asset Management, and a joint venture between the Canadian Pension Plan Investment Board and France's Engie SA, among others.
1 min read · 25 February 2016
