German property company TLG Immobilien will stick to plans to list on the Frankfurt stock exchange within weeks despite a slump in European markets, but online classifieds group Scout24 is unlikely to float before 2015, sources told Reuters.
2 min read · 14 October 2014
Abigail Johnson has taken another big step toward being the next leader of Fidelity Investments after the company said she will add the title of chief executive to her duties, Reuters reported.
1 min read · 13 October 2014
Accor (ACCP.PA), Europe's largest hotel group, is among potential buyers of No. 2 budget operator Louvre Hotels, which owner U.S. investment group Starwood Capital is seeking to sell, a source told Reuters.
1 min read · 13 October 2014
Luxury shoe maker Jimmy Choo has narrowed the price range on its London listing to 140-160 pence a share, the lower end of its original guidance, two sources told Reuters.
1 min read · 13 October 2014
Private equity firm Silver Lake failed to reach a deal to acquire and combine photo-sharing sites Shutterfly Inc and Snapfish by a deadline on Friday, Bloomberg reported, citing people familiar with the matter.
1 min read · 13 October 2014
Finnish technology firm Tieto and European private equity firm Apax are among the bidders for Evry, one of the Nordic region's largest IT services companies, sources told Reuters.
2 min read · 10 October 2014
The London Stock Exchange hosted on Thursday its first major conference to attract listings by Chinese companies which have hitherto flocked to rival bourses in New York and Hong Kong for their initial public offerings overseas, Reuters reported.
2 min read · 10 October 2014
(Reuters) - Blackstone Group LP said on Friday it would spin off its M&A, restructuring and private equity fundraising advisory businesses and combine them with the M&A advisory firm of Morgan Stanley veteran Paul Taubman, in a move to avoid conflicts.
2 min read · 10 October 2014
Australia's APN Outdoor plans to sell up to A$349 million ($306 million) in shares in an initial public offering as Quadrant Private Equity sells down its stake in the digital billboard company, a source told Reuters.
1 min read · 10 October 2014
Morgan Stanley has been building its private equity business using structures that are subject to the Volcker rule, which restricts the amount of money a bank and its employees can contribute to such funds. This, in turn, limits their profit-sharing and, some would argue, their alignment with investors' interests.
6 min read · 10 October 2014
