Slovenia has sold 91.6 percent of state-owned Adria Airways to German investment fund 4K KNDNS, a part of 4K Invest, state investment firm Slovenian Sovereign Holding (SDH) said on Tuesday.
1 min read · 19 January 2016
Chinese Internet company Meituan-Dianping, akin to a mix of Yelp, GroupOn and food delivery, said on Tuesday it has raised more than $3.3 billion in a funding round, as the firm takes on a slew of rivals in a fiercely competitive domestic market, Reuters News reported.
1 min read · 19 January 2016
Yeti Coolers LLC, the U.S. manufacturer of "built-for-the-wild" coolers that can withstand grizzly bear attacks, has hired investment banks for an initial public offering (IPO) that could come later this year, Reuters News reported.
2 min read · 19 January 2016
U.S. biotechnology company Acorda Therapeutics Inc. (ACOR.O) announced on Tuesday an agreed $363 million cash bid for all of the shares in Finland's Biotie Therapies, Reuters News reported.
1 min read · 19 January 2016
Israel's pension funds are facing calls to invest more in the country's thriving high-tech sector, with complaints growing that the Israeli public is missing out while foreign investors reap the returns of the country's technology boom, Reuters reported.
3 min read · 18 January 2016
China's largest online direct sales firm, JD.com, said on Saturday it will raise 6.65 billion yuan ($1 billion) for its JD Finance subsidiary from investors including Sequoia Capital China, China Harvest Investments and China Taiping Insurance.
1 min read · 18 January 2016
Poland's Empik Media & Fashion (EM&F) has agreed to sell Smyk, a children's apparel and toy store chain, to a company owned by London-based private equity group Bridgepoint for 1.06 billion zlotys ($258.25 million) including debt, Reuters News reported.
1 min read · 18 January 2016
Yahoo Inc. (YHOO.O) said on Friday that a letter sent to its board from the investor Canyon Capital contained misperceptions about the company, Reuters News reported.
1 min read · 18 January 2016
Revlon Inc's (REV.N) controlling shareholder and billionaire, Ron Perelman, said on Friday he would seek strategic alternatives for the cosmetics maker but did not detail a specific plan, Reuters News reported.
2 min read · 18 January 2016
General Electric Co said it would sell its appliance business to China's Haier Group for $5.4 billion in cash, another step in its push to sell its non-core assets and project itself as a technology company, Reuters News reported.
2 min read · 18 January 2016
