Oil prices steadied on Friday after bouncing back from six-and-a-half-year lows on recovering equities markets, strong U.S. economic growth and news of low crude supplies from Nigeria.
2 min read · 28 August 2015
Uber Technologies Inc's China arm has closed its $1 billion fundraising round early, according to two people with knowledge of the matter, with investors still hopeful for the U.S.-based ride service despite strong domestic competition.
2 min read · 28 August 2015
(Reuters) Singapore state investor Temasek Holdings (Private) Ltd has partnered with Asia-focused private equity firm MBK Partners to bid for the South Korea arm of British supermarket operator Tesco PLC , two people familiar with the matter told Reuters.
1 min read · 27 August 2015
Pacific Equity Partners (PEP), Australia's top buyout firm, is in exclusive talks about a possible acquisition of New Zealand's largest training provider for university education for about NZ$530 million ($340 million), a source told Reuters on Thursday.
1 min read · 27 August 2015
BlackRock Inc, the world's largest asset manager is acquiring a San Francisco-based robo-adviser, FutureAdvisor, the firm announced Wednesday morning.
2 min read · 26 August 2015
Canadian oil and gas producer Encana Corp (ECA.TO) (ECA.N) said on Tuesday it will sell its Haynesville natural gas assets in northern Louisiana for $850 million to GEP Haynesville LLC.
1 min read · 25 August 2015
Three of the Gulf's biggest private equity firms are battling it out for a majority stake in Saudi supermarket chain Al Raya for Foodstuff Co, sources told Reuters, with a deal likely worth as much as $300 million.
2 min read · 25 August 2015
UBS is backing one of three consortia that submitted bids of around 7 trillion won ($5.81 billion) in the buyout of British retailer Tesco Plc's South Korean unit Homeplus Co Ltd with an underwritten jumbo mezzanine loan, bankers said on Monday.
2 min read · 25 August 2015
Fashion department store operator Belk Inc (BLKIA.PK) said it would be acquired by private equity firm Sycamore Partners in a deal valued at about $3 billion, including debt.
1 min read · 24 August 2015
RainDance Technologies Inc, which makes genomic tools to detect cancer and inherited diseases, said on Monday it plans to withdraw its initial public offering, citing "market conditions."
1 min read · 24 August 2015
