Reuters News

Adidas shares jump on report of bid for Reebok unit-Reuters

Shares in German sportswear firm Adidas AG jumped on Monday after the Wall Street Journal reported that an investor group that includes Jynwel Capital and funds affiliated with the Abu Dhabi government planned a $2.2 billion bid to buy Reebok.

As IPO markets stumble, private equity buyers prepare to swoop -- Reuters

Across Europe, companies hoping to list are having their plans dashed by plunging equity prices. But what's bad for public stock markets may be good for private equity firms, Reuters reported.

Marc Andreessen to quit eBay board -- Reuters

EBay Inc said venture capitalist Marc Andreessen would quit its board, after the online retailer announced last month that it was spinning off its electronic payment unit, PayPal, Reuters reported.

Yahoo set to outline cost-cutting efforts: WSJ

Yahoo Inc is expected on Tuesday to outline cost-cutting efforts and give details of how it is evaluating possible acquisitions as it faces pressure from an activist investor, the Wall Street Journal reported, citing a person who was briefed on the plan.

Fresenius, buyout groups eye Danone Medical Nutrition unit, say sources-Reuters

German healthcare group Fresenius (FREG.DE) as well as buyout groups PAI and Permira are exploring an acquisition of the medical nutrition business of Danone (DANO.PA) after efforts of U.S. drugmaker Hospira (HSP.N) to buy the unit failed, sources told Reuters.

Old Mutual's wealth arm buys UK's Quilter Cheviot-Reuters

Financial services group Old Mutual's wealth arm said on Friday it would buy money manager Quilter Cheviot from European private equity house Bridgepoint, strengthening its focus on richer customers, Reuters reported.

Einhorn's Greenlight Capital plans to raise money - Bloomberg

Billionaire David Einhorn's hedge fund Greenlight Capital Inc plans to raise money for the first time in two years, Bloomberg reported, citing an investor.

Not as high as its heels, but Jimmy Choo ticks up on market debut -- Reuters

Jimmy Choo inched higher on its London stock market debut, watched closely by even the least fashion-conscious of bankers after a flurry of cancelled listings across Europe, Reuters reported.

Goldman Sachs in talks to acquire ETF provider IndexIQ - Reuters

Goldman Sachs Group is in discussions to acquire IndexIQ, a Rye Brook, New York-based exchange-traded fund provider, sources told Reuters.

Burger chain Habit Restaurants files for IPO-Reuters

Habit Restaurants Inc, a fast-food restaurant chain known for its burgers, filed with U.S. regulators on Thursday for an initial public offering of common stock, Reuters reported.