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Reuters News

CVC targets another Poland buy after PKP Energetyka purchase: Reuters

Private equity fund CVC Capital Partners is targeting another investment in Poland after its surprise 2 billion zloty ($537 million) takeover of the country's No.5 power group PKP Energetyka, a director of CVC said.

2 min read · 15 September 2015

Private equity firm Everstone closes third fund at $730 mln: Reuters

Everstone Capital, a Singapore-based private equity fund and real estate firm focused in India and Southeast Asia, closed its third fund at $730 million, according to a statement.

1 min read · 15 September 2015

Ola raises $222.5 million in fresh funding round: Reuters

Ola, India's biggest taxi-hailing service, has raised 14.78 billion rupees ($222.5 million) in a fresh round of funding from investors led by New York-based Falcon Edge Capital, about six months after the company raised $400 million from investors led by Russian billionaire Yuri Milner's DST Global, Reuters News reported.

2 min read · 15 September 2015

Talks with bidders for Novo Banco sale end without deal: Reuters

Negotiations between the Bank of Portugal and all the bidders in the sale of Novo Banco have ended without agreement, sources told Reuters News.

1 min read · 15 September 2015

Blackstone considers bidding for NCR: Reuters

Blackstone Group LP is once again taking a look at bidding for NCR Corp, a source told Reuters News.

2 min read · 14 September 2015

Google hires Truecar's Krafcik to head its driverless car unit: Reuters

Google Inc (GOOGL.O) said it named auto industry veteran John Krafcik as chief executive of its self-driving car project from late September, Reuters News reported.

1 min read · 14 September 2015

Vista Equity to buy software maker Solera for $3.74 bln: UPDATED

Solera Holdings Inc, which provides technology services to insurance companies, said it agreed to be acquired by an affiliate of private-equity firm Vista Equity Partners for $3.74 billion in cash, Reuters News reported.

2 min read · 14 September 2015

Chico's in buyout talks with private equity firms: Bloomberg

Women's apparel maker Chico's FAS Inc (CHS.N) is considering selling itself after being approached by private equity firms, including Sycamore Partners, Bloomberg reported on Friday.

1 min read · 14 September 2015

KKR, Apollo Global seek to buy GE's inventory finance arm: Bloomberg

KKR & Co (KKR.N) and Apollo Global Management (APO.N) are seeking to acquire General Electric Co's (GE.N) inventory finance arm, Bloomberg reported on Friday.

1 min read · 14 September 2015

Ellen Pao won't appeal verdict in gender discrimination trial: Reuters

Ellen Pao, the former venture capitalist who lost a high-profile discrimination case against her former employer earlier this year, said on Thursday that she would not pursue an appeal of the court's decision and pay the firm $276,000 in legal costs.

2 min read · 10 September 2015

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