Indian solar and wind energy company ReNew Power Ventures Pvt Ltd sold a "significant minority stake" to a subsidiary of Abu Dhabi Investment Authority (ADIA) for $200 million, the company said in a statement.
1 min read · 27 October 2015
When a bankrupt operating unit of Caesars Entertainment went on the market earlier this month, the package consisted of 38 casinos, including the iconic Caesars Palace Las Vegas. But those watching the sale have focused more on what isn’t being offered, Reuters News reported.
4 min read · 27 October 2015
JPMorgan Chase & Co (JPM.N) said on Monday it will soon launch its own competitor to Apple Pay that will allow consumers to pay retailers using their smartphones in stores, and it has already won the endorsement of a major group of merchants, Reuters News reported.
3 min read · 27 October 2015
Private equity firm Blackstone (BX.N) is in talks to buy a nearly 38 percent stake in the operator of the Taipei 101 tower, people with direct knowledge of the matter said, in a deal that could be worth up to $700 million, Reuters News reported.
2 min read · 27 October 2015
U.S. pipeline company Kinder Morgan Inc (KMI.N), looking to fund its growth at a time of low oil prices, on Monday said it plans a $1.6 billion offering of 32 million depositary shares that will convert to preferred shares in three years, Reuters News reported.
2 min read · 27 October 2015
Roots Canada, one of the country's most recognizable clothing brands, said its co-founders have sold a controlling stake in the company to U.S. private equity firm Searchlight Capital Partners to spur the brand's next phase of growth, Reuters reported. Co-founders Michael Budman and Don Green will remain actively involved in the company and will be substantial investors.
1 min read · 26 October 2015
In Japan's biggest privatization in three decades, the national postal and savings firm priced the third of a trio of share sales at the top of its range as mom-and-pop investors scrambled for a piece of one of the most trusted names in the country, Reuters reported.
3 min read · 26 October 2015
Investment trust Caledonia Investments Plc said on Monday it would buy bingo-club operator Gala Bingo Holdings Ltd from Gala Coral Group, which agreed a merger deal with bookmaker Ladbrokes in July.
1 min read · 26 October 2015
Kroton Educational SA has sold distance learning college Uniasselvi to a group of investment firms for 1.105 billion reais ($285 million), underscoring growing demand for higher education centers in Latin America's largest economy, Reuters reported.
1 min read · 26 October 2015
Power plant supplier APR Energy Plc has agreed to a 165 million-pound ($253 million) takeover by a consortium including its biggest shareholder, after a year dogged by the loss of projects in conflict zones, Reuters reported.
2 min read · 26 October 2015
