Charles River Laboratories International Inc said it would buy privately held WIL Research for about $585 million in cash to enhance its contract research business and expand in continental Europe, Reuters News reported.
1 min read · 07 January 2016
Canadian department store operator Hudson's Bay Co has agreed to buy online luxury retailer Gilt Groupe Holdings Inc for about $250 million, Reuters News reported.
1 min read · 07 January 2016
Private equity investors Blackstone Group LP (BX.N) and Gaw Capital Partners are weighing separate bids for Singapore's Ascendas Hospitality Trust (ASHP.SI), people familiar with the matter said, eyeing a target with a market value $600 million, Reuters News reported.
2 min read · 07 January 2016
The Rockefeller family's money manager, Rockefeller & Co, is close to selling a technology platform it created to financial technology firm Fi-Tek LLC, people familiar with the matter said on Wednesday, taking advantage of the surge in demand for tools to serve the fragmented wealth management industry, Reuters News reported.
2 min read · 07 January 2016
U.S. conglomerate General Electric Co said it signed $157 billion in transactions in 2015 as part of its efforts to divest most of its finance business, GE Capital, Reuters News reported.
1 min read · 07 January 2016
Bank of Nova Scotia, Canada's third biggest lender, is in discussions to sell a $1 billion vendor and equipment financing portfolio, sources told Reuters. Two of the sources said the assets that Scotia is looking to sell are housed within its Roynat unit, a small business financing provider acquired by the bank about 20 years ago.
2 min read · 06 January 2016
London-based Nevsky Capital's founders have decided to shut down their $1.5 billion hedge fund and retire, saying weak market conditions made it unlikely they could generate the returns they had in the past, Reuters News reported.
2 min read · 06 January 2016
Several major Yahoo Inc shareholders are so concerned the company's core Internet business could fall in value that they want it sold as soon as possible, Reuters News reported.
4 min read · 06 January 2016
Buyout firm Catterton has agreed to join forces with luxury goods company LVMH Moet Hennessy Louis Vuitton SE (LVMH.PA) and investment firm Groupe Arnault in the creation of L Catterton, a consumer-focused private equity firm, Reuters News reported.
1 min read · 06 January 2016
United Wind Inc, which has carved out a niche leasing wind turbines to farms and rural homes, has clinched $200 million in funding from Toronto-based Forum Equity Partners - the largest-ever single investment in small wind projects, Reuters reported.
2 min read · 05 January 2016
