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
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 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
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 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 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
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 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
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 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