Reuters News

Investor groups ready bids for German motorway station group, say sources-Reuters

Several investor groups are readying bids for German motorway service station group Tank & Rast, in a deal worth up to 3.5 billion euros ($3.8 billion), sources told Reuters.

Kion shares placed at 38.15 euros per share, say sources-Reuters

Goldman Sachs and KKR have sold their remaining 13.9 percent stake in German forklift truck maker Kion at 38.15 euros ($41) a share, sources told Reuters.

India's SH Kelkar files prospectus for IPO, seen at around $100 mln-Reuters

India fragrance maker S.H. Kelkar and Company, partly owned by Blackstone Group, has filed a draft prospectus with the regulator for an initial public offering that a banker directly involved in the process said would fetch around $100 million, Reuters reported.

Carlyle launches energy asset buying spree with Romanian deal-Reuters

Private equity firm Carlyle Group said on Thursday it had agreed to buy Sterling Resources' Romanian gas fields, days after it raised $2.5 billion to snap up energy assets around the world.

Jury in Silicon Valley discrimination trial starts deliberations -- Reuters

Jurors began deliberating on Wednesday on a high profile lawsuit brought by a former Kleiner Perkins Caufield & Byers partner who alleges she suffered gender discrimination and retaliation at the storied venture firm, Reuters News reported.

Small is beautiful for Kraft, Heinz investment bankers -- Reuters

Lazard Ltd and Centerview Partners LLC have only a fraction of the staff and resources of their larger investment banking brethren, such as Goldman Sachs Group Inc and JPMorgan Chase & Co, Reuters News reported.

Houlihan Lokey gearing up for an IPO later this year: WSJ

Restructuring advisory firm Houlihan Lokey Inc is laying the groundwork for an initial public offering later this year, the Wall Street Journal reported on Wednesday, citing unnamed sources.

SEC trims states' purview on stock offerings under $50 mln--Reuters

U.S. regulators adopted a new rule Wednesday that will scale back the states' powers to police some public stock offerings, a move that advocates say will spur more capital-raising and critics claim could lead to more fraud.

Rocket Internet-backed Helpling raises $47 mln in funding - Reuters

Helpling, an online marketplace for hiring home cleaners backed by Germany's Rocket Internet, said on Wednesday it had raised an additional 43 million euros ($47 million) from a group of top-name European investors, including Rocket.

Top U.S. CEOs reaped billions from stock gains in recent years -- Reuters News

CEOs at large U.S. companies collectively realized at least $6 billion more in compensation than initially estimated in annual disclosures in the five years after the financial crisis first hit, according to a Reuters analysis.