Reuters News

Barclays appoints new Americas M&A head-Reuters

Barclays Plc has named Larry Hamdan as head of mergers and acquisitions for the Americas, the UK investment bank said on Friday.

Canada Pension Plan pays $1.67 billion for UK student accommodation-Reuters

Canada Pension Plan Investment Board (CPPIB) said on Friday it had paid 1.1 billion pounds ($1.67 billion) to buy Liberty Living, one of Britain's biggest providers of student accommodation.

Private equity owners exit nappy maker Ontex-Reuters

Texas Pacific Group and Goldman Sachs have sold their stake in Belgian hygiene products maker Ontex, the groups said in a joint statement on Friday.

Blackstone eyes opportunities in African power shortages: Reuters

Private equity will play a key role in developing Africa given the massive needs for capital on the continent, says Blackstone Group (BX.N), which is focusing on infrastructure projects involving power generation and transmission.

Singapore's GIC nearly doubles stake in Merlin Entertainments-Reuters

Britain's Merlin Entertainments , the operator of Madame Tussauds waxworks and Legoland, said Singapore sovereign wealth fund GIC Private Ltd nearly doubled its stake in the company to about 5.2 percent, Reuters reported.

Blackstone seeks sale of AlliedBarton Security Services, say sources-Reuters

Blackstone Group LP (BX.N) is exploring a sale of AlliedBarton Security Services in a deal that could value the largest U.S. security officer services company at around $1.5 billion, including debt, sources told Reuters.

HKBN IPO priced at top of range as CVC, GIC, Carlyle raise $710 mln-Reuters

Private equity firm CVC Capital Partners, a unit of Carlyle Group LP and Singapore's sovereign wealth fund GIC raised a combined $710 million after Hong Kong's second-largest broadband Internet provider, HKBN Ltd, priced its IPO at the top of expectations, people familiar with the deal said on Thursday.

Buyout group CVC cuts stake in German chemicals group Evonik-Reuters

Buyout firm CVC has sold a 3.9 percent stake in Evonik at 29.15 euros a share as it continues its gradual exit from the German chemicals group, Reuters reported.

Cerberus to play active role in European bank consolidation -- Reuters

U.S. investor Cerberus Capital Management will play an active role in European banking consolidation, it said on Thursday, sending the strongest signal yet it could soon exit its majority stake in Austrian lender BAWAG PSK, Reuters News reported.

Online fashion company Farfetch raises $86 mln from DST Global, others-Reuters

British online luxury fashion company Farfetch said it raised $86 million from investment firm DST Global and existing shareholders, valuing the company at $1 billion.