(Reuters) - Amazon.com Inc snapped up live-streaming gaming network Twitch Interactive for about $970 million in cash, marking the largest deal in the U.S. e-commerce company's 20-year history.
3 min read · 25 August 2014
U.S.-based Apollo Global Management (APO.N) is in exclusive talks to buy Portuguese insurance company Tranquilidade, part of the troubled web of businesses of the Espirito Santo family, for some 200 million euros ($264.6 million), a source told Reuters.
2 min read · 25 August 2014
Burger King (BKW.N) is in talks to acquire Canadian coffee and doughnut chain Tim Hortons Inc (THI.TO) in a deal that would create a fast food powerhouse with a market capitalization of roughly $18 billion.
3 min read · 25 August 2014
Taiwan's Wei family has agreed to buy majority control of China Network Systems (CNS), the island's biggest cable TV operator, for about $2.4 billion including debt from private equity firm MBK Partners, sources told Reuters.
2 min read · 25 August 2014
American Securities LLC-backed auto parts maker Metaldyne Performance Group Inc filed with U.S. regulators for an initial public offering of its common shares.
1 min read · 25 August 2014
An activist investor urged women's apparel retailer Ann Inc to sell itself, saying it could fetch as much as $2.52 billion, failing which each of the company's board members should buy back stock as a "sign of confidence," Reuters reported.
2 min read · 25 August 2014
The entanglement of H.J. Heinz Co. in China's latest food scare highlights a key concern for international and local firms - how to keep track of ingredients from diverse sources in a country where food supply tracing technologies are far from the norm.
4 min read · 25 August 2014
German venture capital firm Rocket Internet and Zalando, Europe's biggest fashion retailer, are each on the brink of announcing plans to list on the Frankfurt stock exchange, several sources told Reuters.
3 min read · 22 August 2014
Private equity firms Affinity Equity Partners and CVC Capital Partners are among potential bidders for South Korea's No. 1 car rental company, KT Rental, in a sale expected to fetch around 800 billion won ($786 million), sources told Reuters.
2 min read · 22 August 2014
Axalta Coating Systems Ltd, a paint coatings company backed by buyout firm Carlyle Group LP, filed with U.S. regulators on Wednesday for an initial public offering of common stock, Reuters reported.
1 min read · 21 August 2014
