Reuters News

Tyson wins bidding war for Hillshire Brands-Reuters

Tyson Foods Inc prevailed over Pilgrim's Pride Corp in a bidding war between meat processors over Hillshire Brands Co, with an increased offer valuing the maker of Jimmy Dean sausages at $8.55 billion including debt, Reuters reported.

Nordic Capital buys majority stake in clothing chain Gina Tricot: Reuters

Private equity firm Nordic Capital said on Monday it had agreed to buy a majority stake in Gina Tricot from the Appelqvist family, the founders of the Swedish clothing retailer who will retain a significant stake in the company.

Spain's Gas Natural to sell telcos affiliate to Cinven: Reuters

Spanish utility Gas Natural said on Monday it had agreed to sell its telecommunications affiliate to private equity firm Cinven for 510 million euros ($694.4 million).

Bankrupt Energy Future Holdings secures financing package: Reuters

Texas's largest power provider, the bankrupt Energy Future Holdings EFHC.UL, was cleared to get final approval on Thursday for about $4.5 billion in financing deals that it has said were important to maintaining its business, Reuters reported.

UK retailer Game Digital aims for $600 mln share listing, say sources-Reuters

Video games retailer, Game Digital (IPO-GAME.L) is to be valued at up to 360 million pounds ($603.13 million) in its London share flotation, sources told Reuters.

Dutch bank ING gets set for insurance arm's summer share sale-Reuters

Dutch bank ING aims to list its insurance arm within two months, it said on Thursday, in one of the biggest European public share offers of the year which will complete the bank's enforced reformation since its state bail-out five years ago.

Arista Networks IPO values company at about $2.75 billion-WSJ

Arista Networks Inc (ANET.N) shares have been priced at $43 each, the Wall Street Journal said, citing sources, valuing the network switch maker at about $2.75 billion.

AA private equity owners speed to exit through IPO-Reuters

British motoring organization the AA is to be sold through an accelerated initial public offering (IPO), its private equity owners said on Friday, in a deal valuing the company at 1.39 billion pounds ($2.33 billion), Reuters reported.

Twitter acquires mobile advertising startup Namo Media-Reuters

Twitter Inc said Wednesday it will acquire Namo Media, a technology firm specializing in "native advertising" for mobile devices, Reuters reported.

KKR-led consortium to invest in China's COFCO Meat: Reuters

Private equity firms KKR & Co LP, Baring Private Equity Asia, Hopu Investments and Boyu Capital are investing as a consortium in COFCO Meat, a subsidiary of China's state-owned COFCO Group, the firms said on Friday in a statement.