U.S. private equity firm Blackstone Group LP has bought a minority stake in India's IBS Software for $170 million from General Atlantic and other shareholders, Reuters News reported.
2 min read · 16 December 2015
BATS Global Markets Inc filed for an initial public offering with U.S. regulators on Wednesday, in what would be the exchange operator's second attempt at going public, Reuters News reported.
1 min read · 16 December 2015
U.S. payments processor Global Payments Inc (GPN.N) will buy smaller rival Heartland Payment Systems Inc (HPY.N) in a $4.3 billion cash-and-stock deal that will expand its merchant base and reach at a very competitive time in the industry, Reuters News reported.
2 min read · 16 December 2015
Private equity and pension funds may provide the next wave of financing to the mining sector through metal streaming deals as dedicated funding sources struggle to raise their own cash, Reuters reported. Potential new market entrants include Canada Pension Plan Investment Board, while the already active Caisse de dépôt et placement du Québec is among those expected to increase their exposure.
3 min read · 15 December 2015
Private equity and pension funds may provide the next wave of funding to the slumping mining sector through metal streaming deals as dedicated funding sources struggle to raise their own cash, industry sources said.
3 min read · 15 December 2015
Private equity house Fajr Capital is in talks to buy a majority stake in Gulf food and beverage franchising group Cravia, sources told Reuters.
2 min read · 15 December 2015
Seattle on Monday became the first U.S. city to pass a law giving drivers for Uber and Lyft the right to unionize, a new challenge to the ride companies' success as they confront mounting dissatisfaction over how drivers are treated, Reuters News reported.
3 min read · 15 December 2015
strong>UBM Plc said it would sell its press release distributor PR Newswire to Cision, a business controlled by GTCR Canyon Holdings, for $841 million, to focus on its events business, Reuters News reported.
2 min read · 15 December 2015
A New York lawyer was found guilty on Monday of engaging in a fraud in which a con man impersonated his successful father in order to raise money to buy Maxim magazine, Reuters News reported.
2 min read · 15 December 2015
South Africa's Public Investment Corporation (PIC) has increased its stake in platinum producer Lonmin to almost 30 percent after buying more shares via the company's rights issue, Reuters reported.
1 min read · 14 December 2015
