Visa Inc (V.N), the world's largest credit and debit card company, said on Friday it currently has about a 1 percent stake in mobile payments company Square Inc (SQ.N) based on a 2011 investment, Reuters News reported.
1 min read · 16 February 2016
Oaktree Capital (OAK.N) plans to sell its stake in SGD Pharma, a French company that specializes in making glass packaging for the pharmaceutical sector, and has mandated JP Morgan (JPM.N) and Lazard (LAZ.N) to drive the process, two sources close to the deal told Reuters on Friday.
1 min read · 16 February 2016
Electronic security services provider ADT Corp (ADT.N) said it had agreed to be acquired by funds affiliated with private equity firm Apollo Global Management LLC (APO.N) for $7 billion, Reuters News reported.
1 min read · 16 February 2016
This winter was supposed to be Nutanix's time to shine, Reuters News reported.
5 min read · 16 February 2016
Oaktree Capital (OAK.N) plans to sell its stake in SGD Pharma, a French company that specializes in making glass packaging for the pharmaceutical sector, and has mandated JP Morgan (JPM.N) and Lazard (LAZ.N) to drive the process, two sources close to the deal told Reuters on Friday.
1 min read · 12 February 2016
Argo Infrastructure Partners, an investment manager that has attracted investment from California pension fund CalSTRS, is buying a 49.9 percent equity interest in a company owning a natural gas-fired power plant in Pueblo, Colorado, it said on Friday.
1 min read · 12 February 2016
Nasdaq Inc said it would acquire newswire operator and press release distributor Marketwired LP for an undisclosed sum, adding to the exchange operator's corporate services offerings, Reuters reported. Toronto-based Marketwired is owned by OMERS Private Equity, which last year was said to have been mulling a sale of the company for as much as US$200 million.
2 min read · 12 February 2016
Software company Zenefits is being investigated by the California Department of Insurance over questions about its business practices, the agency said Thursday.
3 min read · 12 February 2016
The commitment deadline on $10 billion of pro-rata loans in a $45 billion financing package backing computer giant Dell’s purchase of data storage products maker EMC Corp has been extended due to a slow order book, a source close to the transaction said.
3 min read · 12 February 2016
Blackstone Group has launched a fund to finance the troubled offshore drilling and services sector, the U.S. private equity firm said on Thursday, anticipating a buyer's market as low oil prices set the stage for restructuring and consolidation.
2 min read · 11 February 2016
