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Reuters News

U.S. groups, private equity line up bids for cargo handler Telair, say sources-Reuters

U.S. aerospace components maker Transdigm and European buyout groups Cinven and EQT are all exploring an acquisition of cargo handler Telair in a potential $700-800 million deal, sources told Reuters.

2 min read · 14 January 2015

China online lender Dianrong.com says gets Tiger Global funding-Reuters

U.S. investment firm Tiger Global has bought into China's Dianrong.com, the peer-to-peer online lender said on Wednesday, the latest in Tiger's investments into Asia's booming e-commerce sector.

1 min read · 14 January 2015

Israeli venture capital funding jumps in 2014, this year seen higher-Reuters

Israeli venture capital funds attracted $914 million in 2014, up 68 percent on the year, and look set to draw even more funding in 2015, the Israel Venture Capital (IVC) Research Center said on Wednesday.

2 min read · 14 January 2015

Terra Firma seeks exit from Tank & Rast: Reuters

British buyout group Terra Firma is launching the sale of German motorway service station group Tank & Rast in a potential 2 billion euro ($2.4 billion) deal, two people familiar with the matter told Reuters.

1 min read · 14 January 2015

YouTube sports network Whistle Sports raises $28 million-Reuters

Whistle Sports, a Youtube sports network aimed at millennials and kids, raised $28 million in a funding round announced on Tuesday that included investors such as European cable group Liberty Global and Denver Broncos quarterback Peyton Manning.

2 min read · 13 January 2015

Eyewear retailer GrandVision plans Amsterdam listing-Reuters

The owner of eyewear retailer GrandVision BV plans to sell a 20-25 percent stake in the business on the Amsterdam stock exchange, potentially worth more than 600 million euros ($710 million), Reuters reported.

2 min read · 12 January 2015

Prestige Cruises withdraws IPO plan-Reuters

Prestige Cruises International Inc, which was bought by Norwegian Cruise Line Holdings Ltd in a $3 billion deal in September, filed with U.S. regulators to withdraw its plan for an initial public offering, Reuters reported.

1 min read · 12 January 2015

Biogen to buy private U.K. company with chronic pain drug-Reuters

Biogen Idec Inc (BIIB.O) on Sunday said it would buy small, privately-held Convergence Pharmaceuticals to acquire the U.K.-based company's portfolio of experimental drugs for chronic nerve pain.

1 min read · 12 January 2015

Big fiscal mess awaits new Illinois governor: Reuters

Illinois’ new governor, Bruce Rauner, will begin tackling perhaps the biggest fiscal mess in the nation, and the worst his state has seen in decades, when he is sworn in Monday.

3 min read · 12 January 2015

Kleiner Perkins partner tried to quit 5 years before filing bias lawsuit-Reuters

Ellen Pao, a former partner at Kleiner Perkins Caufield & Byers who has filed a discrimination and retaliation lawsuit against the venture firm, had offered to resign from Kleiner five years before filing her lawsuit, court documents show.

2 min read · 09 January 2015

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