Reuters News

Cinven hikes offer for Telekom Slovenia to 130 eur/shr, says source-Reuters

Buyout group Cinven, the only bidder for telecom operator Telekom Slovenia, has hiked its offer to 130 euros a share to win over Slovenian authorities facing criticism they could be selling on the cheap, a source told Reuters.

Blackstone to sell 25 percent in Irish telecoms firm Eircom, says source-Reuters

Blackstone Group LP has agreed to sell a 25 percent stake in Eircom to hedge fund Anchorage Capital Group, a source familiar with the matter told Reuters on Wednesday, a day after the Irish telecoms firm said it rejected a 3.3 billion euros buyout offer.

European lenders feel the pressure as leveraged loans dry up: Reuters

A lack of new European leveraged buyout loans is forcing banks to become increasingly competitive in order to win mandates, which is driving down underwriting fees and creating more risky loan structures, Reuters reported.

Deal talks between Altice and Time Warner Cable are ongoing: Reuters

Altice's acquisition of U.S. cable group Suddenlink has not dampened its interest in buying much larger Time Warner Cable, a source told Reuters News.

Black Knight Financial IPO priced at $24.50 per share: Reuters

Black Knight Financial Services Inc's said its initial public offering has been priced at $24.50 per share, valuing the provider of software and services to the mortgage industry, at about $3.65 billion, Reuters News reported.

Privately held Genesys in talks with potential buyers: WSJ

Call-center software company Genesys Telecommunications Laboratories Inc is in talks with potential buyers, the Wall Street Journal reported on Tuesday.

SAP chief sees no takers for software rival Salesforce: Reuters

German software company SAP's chief executive once again ruled out any move to acquire Salesforce.com, then went further by saying that its richly valued rival is unlikely to be acquired by any other player in the industry, Reuters News reported.

Opinion: Why Remington’s investors shouldn’t sell

Cerberus dodged a bullet with its recent decision to let investors sell out of one of the world’s biggest gunmakers, Remington Outdoor. It’s the company that made the assault rifle used to kill 20 children and six of their teachers in a Connecticut elementary school in December 2012.

AirAsia looks to sell stake in loyalty program, say sources - Reuters

Malaysia's AirAsia Bhd (AIRA.KL) is in talks to sell a minority stake in its loyalty program joint venture to private equity firms, in a deal that could value the business at about $330 million, sources told Reuters.

Tiger Global partner Feroz Dewan to leave, plans own firm: Reuters

Tiger Global Management on Monday announced key personnel changes including the departure of Feroz Dewan, who has run the closely watched Wall Street firm's hedge fund operations and is leaving to start his own business, Reuters News reported.