Online payment company MOL Global Inc, majority-owned by Malaysian billionaire Vincent Tan, filed with U.S. regulators on Monday to raise about $300 million in an initial public offering of American Depositary Shares.
2 min read · 15 July 2014
Carbon black producer Orion Engineered Carbons S.A. filed for a U.S. IPO that could raise about $432 million, Reuters reported.
1 min read · 15 July 2014
Japanese messaging app operator Line Corp applied for an initial public offering (IPO) valued at over 1 trillion yen ($9.85 billion) around two weeks ago at the Tokyo Stock Exchange, a source told Reuters.
2 min read · 15 July 2014
Australia's Hastings Funds Management said it will sell its quarter stake in a Texas liquefied natural gas (LNG) terminal to U.S. specialist fund Global Infrastructure Partners for $1.1 billion, five and a half times what it paid four years ago, Reuters reported.
2 min read · 15 July 2014
A long-shot effort to break California into six separate states got a boost on Monday, when the billionaire venture capitalist behind the proposal said he had gathered enough signatures to place it on the ballot in two years.
2 min read · 15 July 2014
Charles River Ventures, the venture firm known for backing Twitter from its earliest days, said it has raised $393 million for its latest fund.
1 min read · 15 July 2014
Abraaj Investment Management, an affiliate of United Arab Emirates' Abraaj Capital, has made an approach to buy at least a 51 percent stake in Egypt's snack maker Bisco Misr, Bisco Misr said in a statement on Sunday.
1 min read · 14 July 2014
Canadian private equity firm Onex Corp is in advanced discussions to buy insurance claims services provider York Risk Services Group Inc for more than $1.3 billion, sources told Reuters.
1 min read · 14 July 2014
Global commodity trader Noble Group Ltd has joined forces with a private equity group to set up an energy investment fund run by a former Royal Dutch Shell executive, its second such arrangement in a year, Reuters reported.
1 min read · 14 July 2014
China's Hony Capital has struck a deal with Gondola Group to buy Britain's Pizza Express chain for about 900 mln pounds ($1.6 billion), writes Reuters. The group already runs 12 restaurants in Hong Kong and nine in Shanghai. It has 436 in Britain.
1 min read · 14 July 2014