European private equity firm CVC is resuming the sale of Swiss mobile telecoms company Sunrise and could hire a bank to advise on the deal by the end of the year.
1 min read · 25 September 2014
Canadian technology startup Bionym Inc said on Wednesday it has raised US$14 million in a new Series A round of funding led by U.S. venture capital firm Ignition Partners and Canadian firm Relay Ventures, Reuters reported. Toronto-based Bionym makes a wearable security device dubbed Nymi, which is set to go on sale later this year. Other investors in the company's latest round of funding include Export Development Canada, MasterCard and Salesforce Ventures, the corporate investment group of U.S. cloud computing business Salesforce.com.
2 min read · 24 September 2014
Citizens Financial Group Inc said its initial public offering was priced at $21.50 per share, valuing the U.S. unit of Britain's Royal Bank of Scotland at about $12 billion, Reuters reported.
2 min read · 24 September 2014
Blackstone Advisory Partners has hired former Citigroup banker Nick Tansley to head its European industrials division, the private equity firm said on Wednesday, as its builds up its global industrials franchise.
1 min read · 24 September 2014
British holidays and airline company Monarch is set to be acquired by Greybull Capital after the London-based family investment firm was named as its preferred bidder, Reuters reported.
1 min read · 24 September 2014
TPG Capital founding partner David Bonderman said governments should stop legislating against Uber, the online for-hire car application which has run into multiple disputes with cab drivers and regulators in the United States and Europe.
2 min read · 24 September 2014
Spanish bank Santander and Italian rival UniCredit are close to a deal to combine their asset management businesses to create a European fund managing powerhouse, sources told Reuters.
3 min read · 23 September 2014
L Capital, Temasek Holdings and International Finance Corp are in advanced talks to buy a 30 percent stake in the retail arm of India's Aditya Birla Group for about $400-500 million, sources told Reuters.
1 min read · 23 September 2014
Jimmy Choo set out plans on Tuesday to join the London Stock Exchange next month in a deal that could value the upmarket shoe maker at more than 700 million pounds ($1.2 billion), seeking to woo investors with the prospect of expansion in Asia. Reuters reported.
3 min read · 23 September 2014
OM Asset Management Ltd (IPO-OMAM.N), a subsidiary of British insurer Old Mutual Plc, said it expects its initial public offering of 22 million shares to be priced between $15 and $17 each, Reuters reported.
1 min read · 23 September 2014
