Reuters News

Fashion group Bogner attracts private equity interest, say sources-Reuters

The proposed sale of German fashion group Bogner has attracted interest from several private equity groups, but at a lower valuation than that initially sought by the owner of the winter clothing specialist, sources told Reuters.

Citi to sell OneMain Financial to Springleaf for $4.25 billion-Reuters

Citigroup Inc (C.N) said it has agreed to sell its consumer finance unit OneMain Financial Holdings Inc to subprime lender Springleaf Holdings Inc (LEAF.N:) for $4.25 billion in cash.

Bottling company Refresco Gerber to seek Dutch listing-Reuters

Refresco Gerber, a European bottler of drinks and juices, said on Tuesday it would seek a stock market listing in Amsterdam with an initial public offering of shares.

CVC-backed HKBN to price up to $750 mln IPO near the top-IFR

HKBN Ltd, Hong Kong's second-largest broadband Internet provider, is set to price an initial public offering worth up to $750 million near the upper half of its marketing range, IFR reported on Tuesday, citing sources familiar with the deal.

CVC, Blackstone launch up to $1bn share sale in UK's Merlin-Reuters

Private equity firms CVC and Blackstone have launched the sale of all of their remaining shares in UK company Merlin Entertainments, Reuters reported.

Energy consultancy Wood Mackenzie seeks IPO at valuation of up to 2 bln pounds -FT

Energy analytics group Wood Mackenzie is preparing an initial public offering that could give it a valuation of up to 2 billion pounds ($3.09 billion), the Financial Times reported, citing people familiar with the matter.

Private equity firm TowerBrook close to a deal for women's retailer J. Jill, say sources-Reuters

Private equity firm TowerBrook Capital Partners is in advanced talks to acquire women's retailer J. Jill, sources told Reuters.

Buyout groups line up bids for Philips' lighting business, say sources-Reuters

Philips' sale of the majority of its lighting components business is nearing an end as buyout groups are lining up final bids, sources told Reuters.

Size matters in Europe's dual-track leveraged loan market -- Reuters

A dual-track market is developing in Europe's leveraged loan market where larger loans are received better than smaller financings as investors want borrowers to pay up for illiquidity, Reuters News reported.

NXP to buy Freescale, create $40 billion company -- Reuters

Chip maker NXP Semiconductors NV has agreed to buy smaller peer Freescale Semiconductor Ltd and merge operations in a deal valuing the combined company at over $40 billion, Reuters News reported.