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Reuters News

Airbnb hires Blackstone CFO Tosi: Bloomberg

Airbnb Inc, the website where home owners rent out properties on a temporary basis, has hired Blackstone Group LP Chief Financial Officer Laurence Tosi to fill its own CFO vacancy, Bloomberg reported on Thursday, citing anonymous sources.

2 min read · 24 July 2015

CVC-backed China's Education International plans up to $500 mln HK IPO: IFR

Education International Corp (EIC), a Chinese education counseling company backed by private equity firm CVC Capital Partners, plans a Hong Kong IPO that's set to raise up to $500 million, IFR reported on Friday, citing people familiar with the deal.

1 min read · 24 July 2015

Ares Management to buy Kayne Anderson Capital for $2.55 bln: Reuters

Asset manager Ares Management L.P said it would buy Kayne Anderson Capital Advisors for $2.55 billion to expand its investing expertise, especially in the energy sector.

1 min read · 24 July 2015

UPS in talks to buy Coyote Logistics for at least $1.8 bln, says source: Reuters

Package delivery United Parcel Service Inc is in talks to buy Chicago-based Coyote Logistics LLC for at least $1.8 billion, a source told Reuters.

1 min read · 23 July 2015

Luxury sports car maker Ferrari files for U.S. IPO: Reuters

Fiat Chrysler Automobiles (FCA) (FCHA.MI) has submitted a request to U.S. regulators for an initial public offering of its luxury sport car maker Ferrari in New York for the last quarter of the year, Reuters News reported.

2 min read · 23 July 2015

Pearson to sell FT to global media company: Reuters

British publisher Pearson has decided to sell the Financial Times to a "global, digital news company" after owning the business newspaper for nearly 60 years, a person familiar with the deal said on Thursday.

2 min read · 23 July 2015

Shares of pet-food maker Blue Buffalo soar in debut: Reuters

Shares of Blue Buffalo Pet Products Inc rose as much as 36 percent in their debut, valuing the owner of pet-food brands such as Blue Basics and Blue Wilderness at $5.34 billion, Reuters News reported.

1 min read · 23 July 2015

Spain's Gestamp Solar eyes listing in next two years, says CEO: Reuters

Spanish photovoltaic company Gestamp Solar is planning an initial public offering in the next two years, its chief executive told Reuters on Tuesday, after U.S. buyout group KKR acquired an 80 percent stake in the company.

1 min read · 22 July 2015

Pet food maker Blue Buffalo prices IPO at $20: Reuters

Pet food maker Blue Buffalo Pet Products Inc (BUFF.O) priced its initial public offering of common stock at $20 per share, valuing the company at about $3.92 billion, Reuters reported.

1 min read · 22 July 2015

Mike Lynch-backed Darktrace valued at $100 mln in new funding: Reuters

Darktrace, a cyber-security firm backed by former Autonomy boss Mike Lynch, said it had raised $22.5 million from U.S.-based venture capital company Summit Partners in a funding round that valued the company at more than $100 million, Reuters News reported.

2 min read · 22 July 2015

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