Pet supplies retailer Petco Animal Supplies Inc has been in talks with investment banks in recent weeks for an initial public offering, a source told Reuters News.
1 min read · 30 July 2015
PartnerRe Ltd, the reinsurance company that has a $6.6 billion merger agreement with Axis Capital Holdings, is now willing to negotiate a new deal with rival suitor Exor SpA, a source told Reuters News.
2 min read · 30 July 2015
Apollo Global Management LLC (APO.N) said on Wednesday its second-quarter earnings dropped 25 percent, less than most analysts expected, as it generated less cash from selling assets and its funds appreciated at a slower pace, Reuters reported.
1 min read · 29 July 2015
Germany's Tele Columbus is seen as the front runner in an auction for peer Pepcom which is nearing its end and which may value the cable company at roughly 700 million euros ($773.8 million), sources told Reuters.
1 min read · 29 July 2015
Private equity firm Carlyle Group LP said on Wednesday its second-quarter earnings dropped 38 percent year-on-year as the value of its energy and hedge funds decreased, even as it generated more cash by cashing out on several of its assets.
2 min read · 29 July 2015
U.S. private equity group Carlyle has closed its fourth European buyout fund, sticking to a so-called hard cap of 3.5 billion euros ($3.87 billion) after attracting far more commitments than it was seeking, Reuters News reported.
2 min read · 29 July 2015
ConAgra Foods Inc (CAG.N) has started talks with TreeHouse Foods Inc (THS.N) and Post Holdings Inc (POST.N) regarding the sale of its private label unit Ralcorp, which could be valued at around $3.5 billion, sources told Reuters News.
2 min read · 29 July 2015
Blackboard Inc, a U.S. software company that provides learning tools for high school and university classrooms, is exploring a sale that it hopes could value it at as much as $3 billion, including debt, sources told Reuters News.
2 min read · 29 July 2015
U.S. private equity firm Lone Star has agreed to buy British property firm Quintain Estates and Development (QED.L) for 700 million pounds ($1.1 billion) to gain one of London's few remaining large-scale development opportunities, Reuters News reported.
2 min read · 29 July 2015
Critics have long lamented that Twitter Inc is difficult to use and has had trouble defining itself, which is why it has not expanded its audience, Reuters News reported.
2 min read · 29 July 2015
