Reuters News

Exclusive: Goldman group set to buy message system as Bloomberg alternative: Reuters

Wall Street firms led by Goldman Sachs Group Inc are close to buying a stake in chat and instant messaging startup Perzo Inc in pursuit of an alternative to a similar application from Bloomberg LP.

Singapore's GIC bets on emerging market tech investments: Reuters

Singapore sovereign wealth fund GIC Private Ld believes emerging markets now offer better value than developed ones and is particularly interested in exploring increasing investments in their technology sectors, a senior fund executive said.

Upped KKR offer for Australia's Treasury Wine raises bidding war prospect: Reuters

Australia's Treasury Wine Estates is opening its books to Kohlberg Kravis Roberts & Co LP after the private equity giant hiked its takeover offer to $3.15 billion, raising the prospect of a bidding war for the world's No.2 winemaker.

Alibaba invests $120 mln in Kabam in latest U.S. deal: Reuters

Alibaba Group Holding Ltd has invested $120 million in San Francisco-based mobile games studio Kabam, the latest in a string of U.S. investments, Reuters reported.

People's Bank of China owns 2 pct stake in Fiat Chrysler-Reuters

People's Bank of China owns 2 percent of Fiat Chrysler, the carmaker's chairman John Elkann told shareholders at the start of a shareholder meeting, making the Chinese central bank one of the Italian group's key investors.

France's Iliad challenges Sprint for control of T-Mobile-Reuters

French telecommunications company Iliad SA has made a surprise offer for T-Mobile US Inc, setting up a potential bidding war with Sprint Corp, the U.S. mobile carrier now controlled by Japan's Softbank Corp 9984.T, Reuters reported.

Mobileye IPO priced at $25, values company at $5.31 billion-Reuters

Mobileye NV's initial public offering has been priced at $25 per share, the company said, valuing the road-safety technology company at about $5.31 billion, Reuters reported.

3i exploring sale of lingerie retailer Agent Provocateur - FT

London-based private equity firm 3i Group Plc is exploring the sale of British luxury lingerie retailer Agent Provocateur, the Financial Times reported on Thursday citing a source.

Auriga says is in talks with parties on potential sale-Reuters

Auriga Industries said on Thursday it was in talks with several parties on a sale transaction following reports of bankers working on debt financing for the sale of its crop protection unit, Cheminova, Reuters reported.

Carlyle's second-quarter earnings double: Reuters

Carlyle Group LP said on Wednesday its second-quarter earnings doubled from a year earlier as one of its European buyout funds started paying performance fees, highlighting the growth potential of its private equity business in Europe.