Reuters News

First Data discounted, Albertsons delayed in bruising day for U.S. IPOs: Reuters

This year's largest initial public offering was priced at a discount, while the second's biggest was delayed, as payment processor First Data Corp (FDC.N) and supermarket operator Albertsons Companies Inc (ABS.N) faced a choppy market, Reuters News reported.

Australia regulator throws Brookfield's $6.5 billion Asciano buyout into doubt: Reuters

An Australian regulator raised antitrust concerns over a planned $6.5 billion takeover by Canada's Brookfield Asset Management (BAMa.TO) of freight firm Asciano Ltd (AIO.AX), potentially jeopardizing the country's biggest inbound deal in four years, Reuters News reported.

Square Inc files for IPO with Dorsey dual role in focus: Reuters

Mobile payments company Square Inc filed for its long-expected initial public offering on Wednesday in a test of CEO Jack Dorsey's ability to take the company public even as grapples with a turnaround at Twitter Inc, which he also runs, Reuters News reported.

Jarden to buy school products maker Jostens for $1.5 bln: Reuters

Jarden Corp, owner of Sunbeam kitchen appliances and Coleman outdoor gear, said it would buy Jostens Inc, a maker of class rings and yearbooks, in a deal worth $1.5 billion.

Retirement home firm McCarthy & Stone to list in London: Reuters

British housebuilder McCarthy & Stone said it plans to list on the London Stock Exchange to help fund a 2.5 billion pound ($3.8 billion) investment in land and construction projects in the next four years.

Buyout funds line up bids for Italy's car parts firm Rhiag, say sources: Reuters

U.S. buyout funds Blackstone and Bain Capital are looking to place indicative offers for Italian car parts distributor Rhiag (IPO-RHIA.MI) in an attempt to derail its Milan listing, sources told Reuters.

Macy's sells four floors of downtown Seattle store for $65 mln: Reuters

Macy's Inc, under pressure from activist investors to spin off its prized real estate assets, said it sold four floors of its downtown Seattle store to private investment firm Starwood Capital Group for $65 million.

CPI International launches sale process, say sources: Reuters

CPI International Holding Corp, a manufacturer of circuits used in radars and satellites, is exploring a sale that could value it at more than $1 billion, including debt, sources told Reuters.

SolarWinds in talks with buyout firms about a sale, say sources: Reuters

SolarWinds Inc, a U.S. provider of information technology management software to businesses, is in talks with private equity firms about potentially selling itself, sources told Reuters.

Payments processor Worldpay's owners narrow listing price range: Reuters

Worldpay's private equity owners, Advent International and Bain Capital, narrowed the price range set for the London listing of the payments processor, a source familiar with the matter told Reuters.