(Reuters) - Online discount coupon provider Groupon Inc is in talks to sell a majority stake in its South Korean mobile e-commerce company, Ticket Monster Inc, the Wall Street Journal reported, according to Reuters News.
1 min read · 06 February 2015
Electronics retailer RadioShack Corp filed for U.S. bankruptcy protection on Thursday and said it had a deal in place to sell as many as 2,400 stores to an affiliate of hedge fund Standard General, its lender and largest shareholder, Reuters News reported.
3 min read · 06 February 2015
Under Armour Inc (UA.N), which provides sports clothing and accessories, has acquired two mobile apps for about $560 million, moving deeper into the trendy "connected fitness" and wearable devices sphere, Reuters reported.
2 min read · 05 February 2015
Private equity-owned healthcare research firm Press Ganey has hired underwriters for a potential initial public offering (IPO) that could value it at more than $1 billion, including debt, sources told Reuters.
1 min read · 05 February 2015
CBS Corp Chief Executive Leslie Moonves is discussing ways to buy out the broadcaster's controlling shareholder, National Amusements Inc, ahead of a potential deal with Viacom Inc, the New York Post reported, citing sources.
1 min read · 05 February 2015
Private equity firms Abraaj and TPG Capital have signed a deal to purchase a majority stake in Saudi Arabian fast-food chain Kudu, sources told Reuters.
2 min read · 04 February 2015
1 min read · 04 February 2015
Staples Inc, the No. 1 U.S. office supplier, agreed to buy nearest rival Office Depot Inc in a $6.3 billion cash-and-stock deal to better compete against online and big-box retailers, Reuters News reported.
1 min read · 04 February 2015
Towergate's unsecured bondholders are in discussions to provide fresh money to take control of the troubled UK insurance broker, according to several market sources, Reuters News reported.
3 min read · 04 February 2015
U.S. buyout group Clayton, Dubilier & Rice has sold a 12 percent stake in B&M European Value Retail, the fast-growing British discount store chain, raising 384 million pounds ($582 million), Reuters News reported.
1 min read · 04 February 2015
