Cable operator Com Hem priced its shares at 58 crowns each on Tuesday in Sweden's largest initial public offering (IPO) for 14 years, valuing the company at 11.5 billion crowns ($1.73 billion).
2 min read · 17 June 2014
Discount supermarket chain Grocery Outlet is exploring a sale that is expected to value the bargain retailer at more than $1 billion, sources told Reuters.
2 min read · 16 June 2014
Convergence Pharmaceuticals, a specialist pain drug company spun off from GlaxoSmithKline, is preparing for a possible stock market listing as British biotech companies enjoy a revival of interest from investors, Reuters reported.
3 min read · 16 June 2014
Convergence Pharmaceuticals, a specialist pain drug company spun off from GlaxoSmithKline, is preparing for a possible stock market listing as British biotech companies enjoy a revival of interest from investors, Reuters reported.
3 min read · 16 June 2014
State-backed British lender Royal Bank of Scotland is in talks with private equity firms over a plan for them to inject cash into its Irish arm, the Sunday Times reported, citing sources in London's City financial district.
1 min read · 16 June 2014
PAI Partners enters into exclusive talks to form a JV with Lur Berri Cooperative in Labeyrie Fine Foods, Reuters reported.
1 min read · 16 June 2014
Global private equity firm Bain Capital Partners LLC is suing EY in a United States court, claiming that the auditing firm cost it roughly $60 million by advising it to invest in Lilliput Kidswear, a children's clothing company in India, Reuters reported.
2 min read · 13 June 2014
Travel website owner Priceline Group Inc will buy restaurant reservation website operator OpenTable Inc for $2.6 billion, aiming to broaden its offerings in an increasingly competitive online travel industry, Reuters reported.
2 min read · 13 June 2014
Two of Merlin Entertainments' private equity backers sold 100 million shares in the British theme park owner for 366 million pounds ($615 million) on Friday, according to Deutsche Bank, one of the banks handling the sale.
1 min read · 13 June 2014
A TPG Capital Management-led consortium has agreed to buy the property arm of Australian engineering services firm UGL Ltd for A$1.215 billion ($1.14 billion), a source told Reuters on Friday.
2 min read · 13 June 2014