The successful initial public offering of Shopify could prompt Hootsuite, another promising Canadian tech start-up, to tap public markets sooner rather than later, its chief executive said on Thursday.
2 min read · 22 May 2015
Investment trust Apax Global Alpha announced plans to raise 250 million euros ($279 million) in a London listing, as it looks to raise funds for more investment opportunities.
1 min read · 22 May 2015
(Reuters) Canadian e-commerce software maker Shopify Inc (SHOP.N) (SH.TO) said its U.S. initial public offering was priced at $17 per share, valuing the company at about $1.27 billion.
2 min read · 21 May 2015
Joseph Bae, the Korean-American dealmaker that KKR & Co LP (KKR.N) sent to Hong Kong ten years ago to set up its Asian operations from scratch, will move back to the United States, the private equity firm has told its fund investors.
2 min read · 21 May 2015
Chinese e-commerce company Baozun Inc, backed by Alibaba Group Holding Ltd, raised $110 million in a U.S. share offering, less than investors had initially expected, after pricing the deal below its own indicative range, Reuters News reported.
1 min read · 21 May 2015
U.S. private equity firm Cerberus Capital Management LP on Thursday launched a selldown of up to $878 million in railway firm Seibu Holdings (9024.T), Reuters News reported.
2 min read · 21 May 2015
U.S. private equity firm Bain Capital will cut its 70 percent stake in Japanese restaurant chain Skylark Co Ltd to less than 50 percent, Reuters News reported.
1 min read · 21 May 2015
Ancestry.com LLC, the world's largest family history website helping users trace their heritage, is exploring a sale that could value it at between $2.5 billion and $3 billion, including debt, sources told Reuters News.
1 min read · 21 May 2015
Private equity firm Bain Capital has picked banks to lead a stock market flotation of Swedish plumbing and electrical systems group Bravida, which could be worth more than 10 billion crowns ($1.2 billion) including debt, sources told Reuters.
1 min read · 20 May 2015
BC Partners is hoping to participate in the consolidation of the U.S. cable telecoms market by maintaining a stake in Suddenlink after its sale to Altice SA, the private equity fund's co-chairman told Reuters. Both BC Partners and the Canada Pension Plan Investment Board will retain 12 percent stakes in Suddenlink after selling it in a deal that valued the business at about US$9.1 billion.
2 min read · 20 May 2015