RN

Reuters News

Online dating company Match Group raises $400 million in IPO: Reuters

Match Group Inc (MTCH.O) on Wednesday priced its initial public offering at the low end of expectations to raise $400 million, valuing the parent of Tinder, OkCupid and other online dating services at around $4.2 billion, including debt, Reuters News reported.

2 min read · 19 November 2015

Caisse to buy stake in Bombardier's rail unit for $1.5 billion: Reuters

Canadian planemaker Bombardier Inc (BBDb.TO) said Caisse de depot et placement du Quebec, which manages Quebec's public pension plans, would buy a 30 percent stake in its rail unit for $1.5 billion, Reuters News reported.

1 min read · 19 November 2015

Blackstone's GSO will not backstop SunEdison debt: Reuters

Shares of SunEdison Inc (SUNE.N) slid 10 percent in extended trade on Wednesday after Reuters reported that Blackstone Group LP's (BX.N) credit investment arm GSO was not looking to invest in the solar company, which is facing concerns on Wall Street about its access to capital.

2 min read · 19 November 2015

Square prices shares at $9 in long-awaited IPO: Reuters

Mobile payments company Square Inc priced shares at $9 late Wednesday, according to a source, further discounting the company's valuation before it begins trading Thursday morning, Reuters News reported.

1 min read · 19 November 2015

Square IPO set to price Wednesday in highly watched deal: Reuters

Mobile payments company Square Inc is set to price shares for its IPO late Wednesday in what is expected to be a harbinger for how other highly valued tech companies are received in their public debuts.

2 min read · 18 November 2015

Italian private equity house brings in Doughty Hanson executives for London office: Reuters

Italian private equity house Charme Capital Partners has hired three former Doughty Hanson executives to man its new London office, the firm said in a statement on Wednesday.

1 min read · 18 November 2015

Venture firm Andreessen Horowitz launches $200 million Bio Fund: Reuters

Venture firm Andreessen Horowitz put itself on the map with software investing. Now, it plans to take its software-heavy approach to biology and medicine, with a new $200 million fund for the hybrid sector and a former Stanford professor to run it, Reuters News reported.

2 min read · 18 November 2015

Yahoo a new target in NY daily fantasy sports probe: Reuters

A probe by New York State's attorney general into the fast-growing, multibillion-dollar daily fantasy sports industry has been expanded to include online media giant Yahoo Inc (YHOO.O), Reuters News reported.

3 min read · 18 November 2015

Square IPO set to price Wednesday in highly watched deal: Reuters

Mobile payments company Square Inc (SQ.N) is set to price shares for its initial public offering late Wednesday in what is expected to be a harbinger for how other highly valued tech companies are received in their public debuts, Reuters News reported.

2 min read · 18 November 2015

Hot private equity marketplace reduces CalPERS' bargaining power: Reuters

The California Public Employees' Retirement System described on Monday an increasingly competitive investment marketplace in private equity that has in recent years reduced the negotiating power of large, long-time investors like public pension funds, Reuters reported.

2 min read · 17 November 2015

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