Reuters News

Eltel says to raise SEK 2.8-3.1 bln in IPO-Reuters

Sweden's Eltel, a supplier of technical services for infrastructure networks, said on Monday the final price in its initial public offering in Stockholm is expected to be between 55-70 crowns per share.

Carrefour invests in European tech start-ups fund-Reuters

Investment firm Partech Ventures has raised 200 million euros ($225.26 million) from investors, including French retailer Carrefour, for a new fund that will invest in European technology and digital start-ups, Reuters reported.

Shares in Italy's World Duty Free rise after report KKR eyeing stake-Reuters

Shares in Italy's World Duty Free rose more than 2 percent on Monday after a press report saying that U.S. private equity fund KKR could be interested in buying a stake in the travel retailer, Reuters reported.

Blackstone to sell prime Sydney property to Dalian Wanda for $327 mln-Reuters

U.S. private equity firm Blackstone Group said it has agreed to sell a prime Sydney office building to China's Dalian Wanda Group for about A$415 million ($327 million), Reuters reported.

Caesars, creditors start unusual trial to pick bankruptcy court: Reuters

The operating unit of Caesars Entertainment Corp begins an unusual two-day trial on Monday to decide which of two bankruptcy courts will review its $10 billion debt-cutting plan. In some ways, the decision is not just about which judge, but which law will govern.

Ivo Lurvink joins CVC Capital as partner in Amsterdam office: Reuters

Private equity and investment advisory firm CVC Capital Partners Ltd appointed Ivo Lurvink a partner in its Amsterdam office, effective April 1.

Amazon to buy Israeli start-up Annapurna Labs-Reuters

U.S. tech giant Amazon confirmed on Thursday that it has agreed to buy Israeli chipmaker Annapurna Labs for its cloud computing unit, Amazon Web Services, Reuters reported.

Hutchison to buy Telefonica UK unit for $15.4 billion-Reuters

Li Ka-shing's Hutchison Whampoa Ltd (0013.HK) has agreed to buy Telefonica's (TEF.MC) British mobile unit O2 for up to 10.25 billion pounds ($15.4 billion), hastening the consolidation of Britain's telecoms industry, Reuters reported.

British shoe chain Office nears $450 mln London listing, say sources-Reuters

British shoe chain Office is pressing ahead with an initial public offering that could value the private equity-backed company at around 300 million pounds ($453.09 million), sources told Reuters.

Bridgepoint backs eFront buyout with 130 mln euro loan -- Reuters

Banks have lined up around 130 million euros ($145.89 million) of loans to back private equity firm Bridgepoint's buyout of French software firm eFront, banking sources told Reuters News.