Reuters News

Yahoo CEO Marissa Mayer says expecting twin girls: Reuters

Yahoo Inc Chief Executive Marissa Mayer announced she is pregnant with identical twin girls, likely due in December, Reuters News reported.

Bristol-Myers buys rights to acquire fibrosis drug developer: Reuters

Drugmaker Bristol-Myers Squibb said it bought rights to a mid-stage fibrosis drug and its privately held developer for up to $1.25 billion, boosting its pipeline for drugs that treat tissue scarring, Reuters News reported.

Investment firm Pleasant Lake offers to buy MagnaChip: Reuters

Investment firm Pleasant Lake Partners LLC offered to buy analog chipmaker MagnaChip Semiconductor Corp in a deal valuing the South Korea-based company at about $346 million, Reuters reported.

Carlyle's nominee on China Fishery's board steps down: Reuters

Carlyle Group's nominee on the board of China Fishery Group has stepped down, a few months after the U.S. private equity firm declined to take part in the Singapore-listed company's rights issue, Reuters reported.

Ageas to sell Hong Kong unit to China's JD Capital for $1.4 bln: Reuters

Ageas has agreed to sell its Hong Kong insurance unit to a China-based asset manager JD Capital for HK$10.7 billion ($1.4 billion), the Belgian insurer said in a statement on Sunday, exiting a business it acquired eight years ago.

Ashley Madison courted several buyers, landed none before attack: Reuters

The owner of adultery website Ashley Madison had already been struggling to sell itself or raise funds for at least three years before the publication of details about its members, according to internal documents and emails also released by hackers as part of their assault on the company in recent weeks, Reuters News reported.

Carlyle looks to sell Landmark Aviation for $1.7 billion: Reuters

Private equity firm Carlyle Group LP (CG.O) has been exploring a sale of aircraft leasing and maintenance company Landmark Aviation for as much as $1.7 billion, Reuters News reported.

French payments firm Ingenico submits Worldpay bid, say sources: Reuters

French payments company Ingenico has submitted a bid to buy UK firm Worldpay, sources told Reuters, as the contest heats up to take control of Europe's leading payments processor.

AIG seeking $1.76 bln in 'life settlements' trial in New York: Reuters

An American International Group Inc unit on Thursday asked a federal judge to order a Pennsylvania firm to pay it $1.76 billion in damages for allegedly overcharging for life insurance policies acquired from elderly individuals.

Carlyle in talks on $770 mln takeover of UK's Innovation Group: Reuters

U.S. private equity firm Carlyle (CG.O) is in advanced talks about buying Innovation Group (TIG.L) for 40 pence a share in cash, valuing its equity at almost 500 million pounds ($769 million), the British software company said on Friday.