A surge of takeover activity involving healthcare, financial and retail companies lifted the value of deals in July over $430 billion, making it the seventh-busiest mergers and acquisition month on record, Thomson Reuters data showed.
1 min read · 03 August 2015
U.S. investment funds Blackstone Group (BX.N), Fortress Investment Group (FIG.N) and Elliot Management are among those shortlisted for the second round of bidding to buy Japan's Simplex Investment Advisors in a deal that could top $1 billion, sources told Reuters News.
2 min read · 03 August 2015
Jerome Kohlberg Jr., a founder of investment firm Kohlberg Kravis Roberts & Co and a pioneer of the leveraged buyout, died on Thursday at his home in Martha's Vineyard, Massachusetts, aged 90, Reuters News reported.
2 min read · 02 August 2015
Yahoo Inc (YHOO.O) said on Friday it agreed to buy fashion start-up Polyvore to help drive traffic and strengthen its mobile and social offerings, Reuters News reported.
1 min read · 02 August 2015
Germany's biggest digital classifieds group Scout24 has revived last year's listing plans and aims to debut on the stock market in autumn, sources told Reuters.
2 min read · 31 July 2015
Canadian organic food provider SunOpta Inc said it would buy organic frozen fruit supplier Sunrise Holdings Delaware Inc from private equity firm Paine & Partners LLC for about $450 million.
1 min read · 31 July 2015
Indoor cycling fitness chain SoulCycle Inc filed with U.S. regulators for an initial public offering of common stock, underscoring the rising popularity of boutique chains that cater to specific workout methods such as spinning, yoga and barre, Reuters News reported.
2 min read · 31 July 2015
Fidelity National Information Services Inc (FIS.N), the payment services provider that has been vying to acquire SunGard Data Systems Inc, is now in exclusive talks to buy the financial software maker, a source told Reuters News.
2 min read · 30 July 2015
Comcast Corp's (CMCSA.O) NBCUniversal film and television unit is close to making an investment in online publisher BuzzFeed and is in talks to raise its stake in Vox Media, a source told Reuters.
1 min read · 30 July 2015
Bellisio Foods Inc, a U.S. maker and distributor of frozen meals sold under the Boston Market and Chili's brands, is exploring a sale it hopes could value it as much as $800 million, including debt, sources told Reuters News.
2 min read · 30 July 2015
