TMAC Resources, which is currently developing the Hope Bay gold project in Canada's far north, has begun paperwork on an initial public offering and plans to list on the Toronto Stock Exchange soon, a source told Reuters. The Canadian company, which has privately raised over $157 million since it was formed in 2012, is largely owned by U.S. private equity firm Resource Capital Funds and Newmont Mining.
2 min read · 01 June 2015
Technology Crossover Ventures (TCV) is exploring a sale of its minority stake in Merkle Inc, in a deal that could value the fast-growing marketing technology company at more than $1 billion, sources told Reuters News.
2 min read · 01 June 2015
General Electric Cohas launched the sales process for a roughly $40 billion portion of its U.S. commercial lending assets as a part of its broad retreat from its finance businesses, a source told Reuters News.
2 min read · 01 June 2015
Airbus Group announced the creation of a $150 mln venture capital fund and said it had hired a Google executive to run a new center in Silicon Valley as it seeks to wave a digital wand over its heavy-manufacturing culture.
2 min read · 29 May 2015
Apple Inc has acquired Metaio, a German company whose software melds the physical world and computer-generated elements into video displays, according to a corporate filing that surfaced on Thursday.
2 min read · 29 May 2015
German perfume retailer Douglas plans a stock market listing this year, consisting of a sale of existing shares and a capital increase of around 70 million euros ($77 million), Reuters reported.
1 min read · 29 May 2015
Andrew J. "Buddy" Donohue has agreed to return to the U.S. Securities and Exchange Commission to serve as the chief of staff for SEC Chair Mary Jo White, the agency said on Thursday.
1 min read · 28 May 2015
Varo Energy, a joint venture between the world's top oil trader Vitol and private equity firm Carlyle Group, is expanding its reach in Europe through a merger with Dutch-based storage and trading company Argos, the companies said on Thursday.
2 min read · 28 May 2015
Australian infrastructure investor Macquarie (MQG.AX) has tapped Citi (C.N) to work on a potential sale of service station provider Moto in a deal that could be worth more than 1.1 billion pounds ($1.68 billion), sources told Reuters.
2 min read · 28 May 2015
As General Electric Co seeks to unload most of its finance assets, it is prioritizing the sale of businesses that provide lending to U.S. and European private equity firms, and to healthcare-related businesses, Reuters News reported.
2 min read · 28 May 2015
