Reuters News

Japan's SoftBank in talks to buy DreamWorks, says source-Reuters

Japan's SoftBank Corp (9984.T) is in talks to acquire DreamWorks Animation SKG (DWA.O), the Hollywood studio behind the "Shrek" and "Madagascar" movie hits, a source told Reuters.

Canada's Encana to buy Athlon Energy for $5.93 bln-Reuters

Canada's largest natural gas producer Encana Corp said on Monday it has agreed to buy Athlon Energy for $5.93 billion in cash, as it accelerates its plan to focus on more lucrative oil and natural-gas liquids, Reuters reported.

CVC-backed HKBN plans up to $500 mln HK IPO in H2 2015-IFR

Hong Kong Broadband Network (HKBN), the second-largest broadband Internet provider in the city, plans an initial public offering of up to $500 million in the first half of 2015, IFR reported on Friday, citing people with direct knowledge of the plans.

Shutterfly shareholder supports sale of company at "fair" price-Reuters

Shutterfly Inc shareholders Marathon Partners Equity Management LLC and Mario Cibelli said on Friday that they would support the potential sale of the online photo-sharing service provider, Reuters reported.

South Africa's Rhodes Food raises $107 mln in mid-range priced IPO-Reuters

South Africa's Rhodes Food Group Ltd raised $107 million in an initial public offering (IPO) priced in the middle of an earlier indicative range, it said on Friday.

PE-backed Vantage Energy postpones IPO: Reuters

U.S. oil and natural gas company Vantage Energy Inc said it has postponed its initial public offering of common shares, citing unfavorable market conditions.

Six investment firms interested in Bob Evans' real estate assets - WSJ

At least six state investment firms are interested in buying the property assets of restaurant and packaged food company Bob Evans Farms Inc, the Wall Street Journal reported, citing people familiar with the matter.

Adaptimmune raises $104 million to develop immune-system cancer drugs-Reuters

British biotechnology company Adaptimmune has raised $104 million in venture capital to fund its work in developing a new range of drugs based on immune-system cells, Reuters reported.

Singapore's GIC buys stake in Britain's RAC from Carlyle-Reuters

Singaporean sovereign wealth fund GIC has bought a stake in RAC Ltd from U.S. private equity firm Carlyle Group, a deal that will halt plans to list Britain's second largest roadside recovery group, Reuters reported.

Vista Equity, Thoma Bravo vie for TIBCO Software: Reuters

Vista Equity Partners and Thoma Bravo LLC are among a small group of private equity firms competing to buy TIBCO Software Inc, a business software company with a market value of more than $3 billion.