Two German government sources on Tuesday denied a report in the Handelsblatt newspaper that Berlin had given its consent to sell Airbus Group's defense electronics unit to two U.S. buyout groups, Reuters reported..
2 min read · 26 January 2016
Capital Group Companies has sold a 2 percent stake in Swiss agrichemical group Syngenta last week, Swiss Exchange data showed on Tuesday.
1 min read · 26 January 2016
Indonesian cable television and broadband operator PT Link Net Tbk has put on hold the sale of a majority stake until the economy improves, a spokeswoman said on Tuesday.
1 min read · 26 January 2016
OMERS Ventures, one of Canada's biggest venture firms, plans to raise up to $300 million through the launch of a third fund in 2017 to invest in early-stage technology companies, its chief executive told Reuters. CEO John Ruffolo said he expects OMERS Ventures to eventually have about $1 billion of assets under management.
2 min read · 26 January 2016
Acrisure LLC, one of the top 15 insurance brokerages in the United States, is exploring a sale that it hopes will value it at as much as $2 billion, including debt, sources told Reuters.
2 min read · 25 January 2016
A U.S. judge on Monday said he would approve American Apparel Inc's (APPCQ.PK) plan to exit bankruptcy and rejected a takeover attempt from the teen retailer's founder and ousted chief executive, Dov Charney, Reuters News reported.
2 min read · 25 January 2016
GAF, the largest roofing manufacturer in North America, has agreed to acquire Danish peer Icopal A/S for about 1 billion euros ($1.08 billion), in a deal that will dramatically expand the privately held company's presence in Europe, Reuters reported.
2 min read · 25 January 2016
GlaxoSmithKline, AstraZeneca and Johnson & Johnson have joined with three leading British universities to create a new 40 million pounds ($57 million) fund backing early drug research, Reuters News reported.
1 min read · 25 January 2016
Teheran-based Griffon Capital said on Monday it had launched an offshore, Iran-focused equity fund and is seeking to raise 100 million euros ($108.28 million) from European investors by year-end, Reuters News reported.
1 min read · 25 January 2016
Struggling social media company Twitter Inc will see three more top officials depart, and it plans to add two new board members, Reuters News reported.
2 min read · 25 January 2016
