Deal-making activity in Canada's venture capital and private equity arena surged in the first half of 2015, driven by a spate of financings in the tech start-up space and large investments in energy assets, data from Thomson Reuters showed on Monday.
2 min read · 28 July 2015
Planet Fitness Inc, known for its "judgment free zone" fitness centers and low prices, is expected to be valued at nearly $1.58 billion in its initial public offering, Reuters News reported.
2 min read · 27 July 2015
An investment vehicle set up by two former Virgin Media executives bought Spanish cable operator Telecable for $706 million including debt on Monday, putting it at the center of Spain's telecom sector its first deal, Reuters reported.
2 min read · 27 July 2015
Beacon Roofing Supply Inc will buy roofing products distributor Roofing Supply Group in a deal valued at about $1.1 billion, to expand in key housing markets of California, Florida and Texas, Reuters reported.
1 min read · 27 July 2015
McGraw Hill Financial Inc (MHFI.N) is nearing a deal to pay more than $2 billion for SNL Financial LC, a financial data and information company owned by private equity firm New Mountain Capital LLC, a source told Reuters News.
1 min read · 27 July 2015
Symphony Communication Services LLC, an instant messaging software company backed by Goldman Sachs Group Inc. (GS.N) and other finiancial institutions, is seeking additional funding that could value the startup at up to $1 billion, the Wall Street Journal reported on Sunday.
1 min read · 27 July 2015
Britain's Pearson is in talks to sell its 50 percent stake in The Economist to the other shareholders of the weekly newspaper, with one, Italy's Agnelli family, confirming it wants to increase its stake, Reuters News said.
2 min read · 27 July 2015
Teva Pharmaceutical Industries (TEVA.TA) has agreed to buy Allergan Plc's (AGN.N) generic drugs business for $40.5 billion in a deal that will turn Teva into one of the top 10 pharmaceutical companies, Reuters News reported.
2 min read · 27 July 2015
Volkswagen (VOWG_p.DE) and German bank Metzler have sold Dutch-based financing company LeasePlan to a consortium of investors for 3.7 billion euros ($4 billion), the carmaker said on Thursday.
2 min read · 24 July 2015
Bookmakers Ladbrokes and Gala Coral sealed an all-share merger on Friday, creating a 2.3 billion pound ($3.4 billion) betting group that will seek to build on its dominance of Britain's high streets to expand its online business, Reuters reported.
3 min read · 24 July 2015