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Reuters News

Orbitz exploring sale, draws interest from private equity firms - Bloomberg

Online travel agency Orbitz Worldwide Inc (OWW.N) is exploring a sale and has drawn interest from private equity firms and other internet companies, Bloomberg reported, citing people with knowledge of the matter.

1 min read · 20 January 2015

Express Inc ends deal talks with Sycamore Partners-Reuters

Apparel retailer Express Inc said it ended talks to be bought by private equity firm Sycamore Partners, its largest shareholder, due to unavailability of financing.

1 min read · 20 January 2015

Bitcoin payment processor Coinbase says raises $75 million-Reuters

Bitcoin payment processor Coinbase said on Tuesday it has raised $75 million from several major financial institutions, including the New York Stock Exchange, USAA Bank, and Spanish banking group BBVA.

1 min read · 20 January 2015

Burger chain Shake Shack expects IPO to be priced at $14-$16/share: Reuters

Shake Shack Inc, a burger chain that grew out of a hot dog stand in New York's Madison Square Park, said it expected its initial public offering to be priced at $14-$16 per share, valuing the company at up to $568 million.

1 min read · 20 January 2015

Infrastructure investor John Laing files for London listing-Reuters

Infrastructure investment business John Laing Group is to list on the London Stock Exchange as it seeks to raise around 130 million pounds ($197 million) to fund new investments, the company said on Monday.

1 min read · 19 January 2015

Mahanagar Gas to raise around $130 mln via IPO, say sources-Reuters

Mahanagar Gas Ltd, a natural gas distributor in India, is looking to raise around 8 billion Indian rupees ($129.66 million) in a stock market listing in the first quarter of 2015, sources told Reuters.

1 min read · 19 January 2015

Junk-rated energy companies scramble for financing: Reuters

US high-yield energy companies are scrambling to line up billions of dollars of emergency financing ahead of what is likely to be a brutal round of cuts to their revolving loans.

5 min read · 19 January 2015

Exterion Media hires bank to explore options: Reuters

Exterion Media Group, the European outdoor advertising company owned by private equity firm Platinum Equity LLC, is exploring strategic alternatives, including a major acquisition, according to people familiar with the matter.

2 min read · 19 January 2015

Saint-Gobain launches sale of glass bottle maker Verallia, say sources-Reuters

French building materials group Saint-Gobain is launching the sale of its European glass bottle maker Verallia in a potential 3 billion euro ($3.45 bln) deal, sources told Reuters.

2 min read · 16 January 2015

Goldman hit by weak fixed-income, investment banking revenue-Reuters

Goldman Sachs Group Inc reported a 7 percent drop in quarterly profit as investment banking revenue slid and an unexpected bout of market volatility in December hit revenue in its business that trades bonds, currencies and commodities.

2 min read · 16 January 2015

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