Turkey's Anadolu Group has offered to buy a 40.25 percent stake in supermarket chain Migros, marking a new growth area for the conglomerate and lifting the retailer's shares more than 10 percent, Reuters reported.
2 min read · 03 October 2014
Iamgold Corp said on Friday it has agreed to sell its niobium mine in Quebec to a group of companies led by investment firm Magris Resources Inc for $500 million in cash, to focus on its core gold mining business, Reuters reported.
2 min read · 03 October 2014
British lender Aldermore expects to be valued at about 800 million pounds ($1.3 billion) when it makes its market debut later this month, becoming the latest so-called "challenger" bank to list in London, Reuters reported.
2 min read · 03 October 2014
Private equity firm Silver Lake Partners LP is looking to sell IPC Systems Inc, a provider of communication systems for Wall Street traders, to exit one of its longest-held investments, according to people familiar with the matter.
2 min read · 03 October 2014
Egypt's EFG Hermes Holdings said its private equity arm bought a 49 percent stake in wind power firm EDPR France for $208 million, according to a statement on Wednesday, its first investment outside the Middle East and Africa.
1 min read · 02 October 2014
Wayfair Inc's (W.N) shares rose as much as 26 percent in their market debut on Thursday, valuing the online home furnishings retailer at about $3 billion, Reuters reported.
1 min read · 02 October 2014
China Investment Corp (CIC) and AVIC Capital Co Ltd have ended talks to acquire Avolon Holdings Ltd, making it likely that the aircraft leasing company will pursue an initial public offering, sources told Reuters.
2 min read · 02 October 2014
Cooking and provision website Food52 said on Tuesday it had raised $6 million in a new round of funding led by Alex Zubillaga of investment firm 14W, Reuters reported.
1 min read · 01 October 2014
iCapital Network, an online private equity fundraising platform backed by a consortium that includes Credit Suisse Group AG and Blackstone Group LP, officially launched on Wednesday, seeking to tap demand among individual investors, according to sister news service Reuters.
2 min read · 01 October 2014
Canadian private equity firm Onex Corp appointed Christopher Govan to succeed Donald Lewtas as chief financial officer, effective March 1.
1 min read · 01 October 2014
