Fairmount Minerals Ltd, one of North America's largest providers of industrial sand to the oil and gas industry, is exploring an initial public offering of around $1 billion that could come later this year, sources told Reuters on Monday.
2 min read · 03 June 2014
Business startup Zenefits has raised another $66.5 million from investors, months after its first capital-raising, following a pattern set previously by a handful of hot, young consumer companies that proved their worth to investors over a short span, Reuters reported.
2 min read · 03 June 2014
British fashion retailer New Look ruled out having another attempt at a stock market listing for at least another year, though it said it may sell its loss-making French unit Mim.
2 min read · 03 June 2014
London Stock Exchange Group said on Monday it has appointed former Espirito Santo investment banker John Millar as head of primary markets.
1 min read · 02 June 2014
European private equity firms Montagu and Astorg said on Monday that they would buy French medical diagnostics company Sebia from private equity firm Cinven after entering into exclusive negotiations, Reuters reported.
1 min read · 02 June 2014
Ventas Inc, one of the largest U.S. healthcare real estate investment trusts, said it would buy American Realty Capital Healthcare Trust Inc in a cash and stock deal valued at about $2.6 billion, Reuters reported.
1 min read · 02 June 2014
KKR & Co LP said on Sunday it had decided to terminate a hedge fund that invested in stocks which the private equity firm had launched in 2011 after poaching a team of proprietary traders from investment bank Goldman Sachs Group Inc.
3 min read · 02 June 2014
Former Microsoft Corp CEO Steve Ballmer has purchased the NBA's Los Angeles Clippers franchise for $2 billion, a record for a professional basketball team, sole trustee Shelly Sterling announced on Friday.
3 min read · 30 May 2014
Talks between Intesa Sanpaolo, UniCredit and U.S. private equity firm KKR to pool some problematic loans of the two Italian lenders are at an advanced stage and should conclude in the next few weeks, the Intesa Sanpaolo CEO said on Friday.
1 min read · 30 May 2014
British discount retailer B&M is to be valued at up to 2.9 billion pounds ($5 billion) in its London share flotation, sources told Reuters, making it one of the biggest UK retail listings of the year.
2 min read · 30 May 2014
