China's CITIC Ltd., the state-owned conglomerate, said on Wednesday that its banking, securities, trust and construction divisions will jointly invest more than 700 billion yuan ($112.79 billion) to support China's "One Belt, One Road" initiative.
2 min read · 24 June 2015
Fidere Patrimonio, a real estate investment trust owned by private equity group Blackstone (BX.N) that groups units of rent-controlled housing in Madrid and Barcelona, will list its shares on Spain's alternative stock market MAB next week, the bourse said on Wednesday.
2 min read · 24 June 2015
FullBeauty Brands Inc is exploring a sale or an initial public offering that could value the privately held plus-sized women's and men's fashion retailer at more than $1.5 billion, including debt, sources told Reuters.
2 min read · 24 June 2015
U.S.-based investment manager Southeastern Asset Management has built a 3 percent stake in Swiss chemicals group Sika (SIK.VX) and supports the company's management in a row over a planned takeover by France's Saint-Gobain (SGOB.PA), it said.
1 min read · 24 June 2015
Dutch-based supermarkets operator Ahold (AHLN.AS) has reached a deal to buy Belgian peer Delhaize (DELB.BR), the companies announced on Wednesday, in a move that will create the sixth-largest food retailer in the United States and the biggest in Europe's Benelux region, Reuters News reported.
3 min read · 24 June 2015
British private equity firm Charterhouse is working with JP Morgan (JPM.N) on options for healthcare company Tunstall, in a deal which could value the company at up to 700 million pounds ($1.1 billion), Reuters News reported.
1 min read · 24 June 2015
British private equity has made almost double the returns of U.K. pension fund assets and the FTSE All-Share in the past decade, a survey showed on Tuesday, Reuters reported.
1 min read · 23 June 2015
South African hospitals group Mediclinic International is buying almost a third of Britain's Spire Healthcare, entering a market it said was ripe for growth as private players account for a small fraction of the healthcare sector.
2 min read · 23 June 2015
The family owners of German shoe chain Reno have asked investment bank Rothschild to find a buyer for the company, sources told Reuters.
1 min read · 23 June 2015
Owners Goldman Sachs and PAI Partners are bringing forward a planned stock market listing of their building materials business Xella and have picked banks to arrange the potential 2.5 billion euro ($2.8 billion) deal, Reuters News reported.
1 min read · 23 June 2015
