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Reuters News

Virgin America files for IPO as U.S. airlines recover-Reuters

Virgin America Inc, the low-cost airline partly owned by Richard Branson, filed for an initial public offering of shares as it looks to expand in the recovering U.S. airline market, Reuters reported.

2 min read · 28 July 2014

Zillow to buy Trulia for $3.5 bln in stock: Reuters

U.S. real estate website operator Zillow Inc said it would buy smaller rival Trulia Inc for $3.5 billion in stock, as the U.S. real estate market continues its choppy recovery, Reuters reported.

1 min read · 28 July 2014

Zillow to buy Trulia for $3.5 bln in stock: Reuters

U.S. real estate website operator Zillow Inc said it would buy smaller rival Trulia Inc for $3.5 billion in stock, as the U.S. real estate market continues its choppy recovery, Reuters reported.

1 min read · 28 July 2014

Ontario Teachers likely to buy rest of UK's Bristol Airport, says source-Reuters

Canada's Ontario Teachers' Pension Plan is seeking to buy the rest of Britain's Bristol Airport in a deal worth up to 250 million pounds ($424.6 million), a source told Reuters.

2 min read · 28 July 2014

KKR to invest in troubled sand maker Preferred Sands: Reuters

Private equity firm KKR & Co LP said on Friday its special situations fund would lead an investment of more than $680 million in Preferred Sands, keeping one of North America's largest producers of sand for oil and gas producers in business.

2 min read · 28 July 2014

UniCredit close to selling more private equity holdings: Reuters

Italy's UniCredit is close to selling a new portion of its private equity holdings after a similar deal in 2013, a source close to the matter said on Sunday, as European banks shed non-core assets to strengthen their capital base.

2 min read · 28 July 2014

Australia's NAB sells $1 bln UK property loan portfolio: Reuters

National Australia Bank Ltd has agreed to sell a 625 million pound ($1 billion) portfolio of mostly non-performing UK commercial property loans to an affiliate of private equity firm Cerberus Global Investors.

2 min read · 28 July 2014

El Pollo Loco shares go crazy in debut, Trimaran's stake worth nearly $400 mln -- Updated

(Reuters) - Shares of private equity-backed El Pollo Loco Holdings Inc (LOCO.O) rose as much as 33 percent in their market debut as investors tucked in, betting on the growing popularity of the restaurant chain's fire-grilled chicken.

3 min read · 25 July 2014

SodaStream in buyout talks: Bloomberg

Israel-based SodaStream International, which makes home soda machines, is in talks to be taken private in a deal valuing the company at $828 million, Bloomberg said, citing people familiar with the matter.

1 min read · 25 July 2014

Philips appoints Morgan Stanley for lighting unit sale, say sources-Reuters

Philips has picked Morgan Stanley to organize the sale of a stake in its lighting components business, which it is carving out as part of a strategic reshuffling, sources told Reuters.

1 min read · 25 July 2014

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