Reuters News

Delivery Hero buys Turkey's Yemeksepeti in $589 million deal-Reuters

Online food takeaway company Delivery Hero said on Tuesday it agreed to buy Turkish peer Yemeksepeti in a transaction valued at $589 million (390 million pounds) to expand its business.

TPG adds new media relations executives-Reuters

TPG Capital LP, the U.S. private equity firm that fired its spokesman and is suing him for allegedly leaking confidential documents to the media, has hired Luke Barrett as Director of External Affairs based in New York, the company said Monday.

Sheryl Sandberg's husband Goldberg died after hotel gym accident: Reuters

SurveyMonkey Chief Executive Dave Goldberg died Friday from a head injury while exercising at a resort in Mexico, the local prosecutor's office said Monday.

EQT picks adviser for German fashion group IPO, say sources-Reuters

Private equity group EQT has picked an adviser for the planned divestment of its German women's fashion group CBR, sources familiar with the potential 1.2 billion euro ($1.34 billion) deal told Reuters.

SAP says not considering acquiring Salesforce.com -- Reuters

German business software company SAP (SAPG.DE) said on Friday it is not considering acquiring online rival Salesforce.com Inc (CRM.N), after a news report suggested the leaders of the two companies had held talks about strategic alliances last year, Reuters News reported.

China's Fosun offers $1.8 billion for 80 percent of U.S. insurer Ironshore -- Reuters

Fosun International Ltd, an investment company controlled by Chinese billionaire Guo Guangchang, said it had offered to buy the 80 percent it does not already own in U.S. insurer Ironshore Incfor $1.8 billion.

Executives close to Charter reach out to Time Warner Cable on merger: WSJ

Top executives close to Charter Communications Inc (CHTR.O) have reached out to management at Time Warner Cable Inc (TWC.N) to discuss a possible merger of the cable operators, the Wall Street Journal reported on Sunday.

Abraaj closes sub-Saharan Africa fund, names MENA chief

Abraaj Group announced that it has closed a $990 million sub-Saharan Africa fund, its third in the region, Reuters reported.

Apollo-backed McGraw-Hill Education prepares for IPO: Reuters

McGraw-Hill Education is planning an initial public offering (IPO) as early as the fourth quarter of this year, potentially valuing the textbook company at around $5 billion, including debt, according to people familiar with the matter.

Clessidra buys control of Italian fashion label Cavalli: Reuters

Italian private equity fund Clessidra acquired control of fashion house Roberto Cavalli on Thursday for an undisclosed sum, concluding one of the longest running courtships in the luxury goods industry, Reuters reported.