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Reuters News

Data center company Telx explores $2 billion sale - Reuters

Telx Group Inc, a private equity-owned provider of data centers and network solutions to companies, is exploring a sale that could value it at around $2 billion, including debt, sources told Reuters News.

1 min read · 28 April 2015

Time Warner Cable, Cox Communications deny report of merger talks -- Reuters

Time Warner Cable Inc and Cox Communications Inc denied a Wall Street Journal report on Monday that Time Warner Cable had approached Cox Communications to discuss a potential merger.

1 min read · 28 April 2015

Canadian media company Stingray unveils IPO plans-Reuters

Stingray Digital Group, a business-to-business music provider and media company, said on Friday it plans to go public through a listing on the Toronto Stock Exchange.

2 min read · 27 April 2015

Saudi's Itqan Capital to add brokerage, PE fund to services-Reuters

Saudi Arabia's Itqan Capital, an Islamic investment firm, plans to develop a sharia-compliant brokerage arm and is nearing the launch of a $200 million education private equity fund, its chief executive told Reuters.

2 min read · 27 April 2015

China Minsheng Investment partners with Luxembourg unit on business jets-Reuters

China Minsheng Investment Co (CMI), the country's biggest privately owned investment conglomerate, has teamed up with its majority owned general aviation operator in Luxembourg to buy business jets and related assets globally, marking its latest effort to expand its empire around the world.

1 min read · 27 April 2015

Apax, AEA and Franke vie for vending machine producer N&W -- Reuters

Italy's N&W Global Vending has received a handful of indicative bids from buyout funds and industry players looking to take control of one of Europe's largest vending machine makers, Reuters News reported.

2 min read · 27 April 2015

GE buyout-lending unit draws interest from SunTrust, Apollo, Ares: Bloomberg

SunTrust Banks Inc, Apollo Global Management and Ares Management LP are considering offers for buying General Electric Co's unit that lends to private-equity firms in the United States, Bloomberg reported, citing people with knowledge of the matter.

1 min read · 27 April 2015

Apax, AEA and Franke vie for vending machine producer N&W, say sources-Reuters

Italy's N&W Global Vending has received a handful of indicative bids from buyout funds and industry players looking to take control of one of Europe's largest vending machine makers, sources told Reuters.

2 min read · 24 April 2015

Software developer Apigee's IPO priced at $17 per share-Reuters

Software developer Apigee Corp said its initial public offering has been priced at $17 per share, the midpoint of an expected range of $16-$18.

1 min read · 24 April 2015

Advent-led consortium to buy consumer arm of India's Crompton Greaves-Reuters

The holding company behind India's Crompton Greaves Ltd has agreed to sell the group's consumer electricals unit for 20 billion rupees ($316 million) to Advent International Corp and a unit of Singapore's Temasek Holdings, Reuters reported.

1 min read · 24 April 2015

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