Reuters News

Advent, Avista near deal for UCB's Kremers Urban, say sources-Reuters

A consortium of buyout firms Advent International Corp and Avista Capital Partners is in advanced talks to acquire UCB SA's (UCB.BR) U.S. generic drugs unit Kremers Urban Pharmaceuticals Inc, sources told Reuters.

Apollo to launch new natural resources fund, say sources-Reuters

Apollo Global Management LLC plans to start raising between $2 billion and $3 billion for a second natural resources private equity fund, sources told Reuters, in the latest sign that the firm is doubling down on the U.S. shale boom.

Yahoo in talks to buy ad service BrightRoll - TechCrunch

Online search and advertising company Yahoo Inc (YHOO.O) is in talks to buy digital video advertising service provider BrightRoll for around $700 million, tech blog TechCrunch reported.

Fifth Street Asset Management pulls IPO, cites choppy markets -- Reuters

Alternative asset manager Fifth Street Asset Management Inc withdrew its plan to go public, citing volatility for new issuers in equity markets, Reuters reported.

SoftBank leads $100 million investment in Indonesian ecommerce firm Tokopedia -- Reuters

SoftBank Corp announced Wednesday it will lead a $100 million investment round in Indonesian ecommerce giant PT Tokopedia, the Japanese mobile carrier's third investment overseas under Vice Chairman Nikesh Arora, Reuters reported.

Contract sterilization company Sterigenics up for sale -- Reuters

Sterigenics International LLC, a provider of contract sterilization services to the medical device and food industries, is exploring a sale that could value it at as much as $1.5 billion, including debt, sources told Reuters.

EQT frontrunner for Siemens hearing-aids business, say sources-Reuters

German engineering group Siemens is in advanced talks to sell its hearing-aids business for more than 2 billion euros ($2.5 billion), with private equity firm EQT the frontrunner, sources told Reuters.

Vitamin Shoppe in talks to hire bank amid activist pressure

Vitamin Shoppe Inc, the nutritional supplement retailer under activist shareholder pressure to consider a sale, is speaking to investment banks about hiring a financial adviser, people familiar with the matter told Reuters news service.

Data analytics company Workiva files for IPO-Reuters

Workiva Inc, a cloud-based data analytics company, filed with U.S. regulators for an initial public offering of Class A common shares, Reuters reported.

Warburg Pincus set to invest $200 million in India's Kalyan Jewellers-Reuters

U.S. private equity firm Warburg Pincus LLC has agreed to buy a significant minority stake in India's Kalyan Jewellers for about $200 million, sources told Reuters.