Reuters News

GE to sell healthcare finance business to Capital One for $9 billion: Reuters

General Electric Co (GE.N) said it would sell its U.S. healthcare finance unit to credit card lender Capital One Financial Corp (COF.N) for about $9 billion as it winds down its finance arm and returns to its industrial roots, Reuters News reported.

Agnelli family becomes largest Economist investor as Pearson sells out: Reuters

Britain's Pearson on Wednesday agreed to sell its 50 percent stake in the Economist Group for 469 million pounds ($730.6 million), in a deal which makes Italy's Agnelli family the largest investor in the weekly publication, Reuters News reported.

China car services firm Tuhu raises $100 million from Joy Capital, Welkin: Reuters

Tuhu, a Chinese online platform for automobile services and products, said on Tuesday it raised about $100 million from a group of investors including venture capital firm Joy Capital, looking to expand its distribution network and warehouses.

Mallinckrodt buys immunotherapy maker Therakos for $1.33 billion: Reuters

Dublin-based drugmaker Mallinckrodt Plc (MNK.N) said it would buy immunotherapy company Therakos Inc in a deal valued at about $1.33 billion, its second major acquisition this year aimed at strengthening its hospital offerings.

Axcel prepares Stockholm listing of Nordic Waterproofing, reports Jyllands-Posten: Reuters

Danish equity fund Axcel is preparing a listing of roofing company Nordic Waterproofing on the Stockholm stock exchange, Danish newspaper Jyllands-Posten reported on Monday, citing sources.

IG Group CFO resigns to join investment firm Hargreaves: Reuters

Online trading platform provider IG Group Holdings Plc said its chief financial officer, Chris Hill, would leave the company early next year to join British investment firm Hargreaves Lansdown Plc as CFO.

Berkshire to buy Precision Castparts in biggest-ever deal: Reuters

Warren Buffett's Berkshire Hathaway Inc (BRKa.N) agreed to buy aircraft components maker Precision Castparts Corp (PCP.N) in its biggest deal ever, Reuters News reported.

Buffett's Berkshire nears deal for Precision Castparts: Reuters

Warren Buffett's Berkshire Hathaway Inc (BRKa.N) is nearing an agreement to buy Precision Castparts Corp (PCP.N), in what could be the company's largest purchase ever, a source told Reuters News.

Pret a Manger's star rises with potential 2016 float: Reuters

Its name means "ready to eat" but the lip-smacking question for investors is whether British sandwich chain Pret a Manger is ready to go public.

Chobani looking to sell minority stake in the company - Bloomberg

Greek yogurt maker Chobani is looking to sell a minority stake in the business and is working with Goldman Sachs Group Inc (GS.N), Bloomberg reported, citing a source.