IntercontinentalExchange Group (ICE) is pressing ahead with a listing of European exchange Euronext, which two sources familiar with the matter said could achieve a valuation of at least 1.5 billion euros ($2.1 billion), Reuters reported.
2 min read · 27 May 2014
Apollo Global Management LLC co-founder Marc Rowan raised $72.8 million by selling shares in the private equity firm in the last two weeks, as limits restricting insiders from selling stock based on its IPO agreement are gradually lifted.
2 min read · 27 May 2014
A cloud software boom has nudged startups into unlikely realms such as dairy farms, yoga studios and back-of-the-building loading docks, leading venture capitalists to hope for stratospheric returns, Reuters reports. Not everyone shares their enthusiasm.
4 min read · 23 May 2014
Uber, the app-based transportation company, is seeking to raise about $500 million from a group of fund managers as part of a deal that could value the startup at more than $12 billion, the Wall Street Journal reported on Thursday.
1 min read · 23 May 2014
Swedish cable operator Com Hem, owned by private equity firm BC Partners Ltd, said on Friday it plans to raise about 5.5 billion crowns ($835 million) in an initial public offering in Stockholm, adding to a string of Nordic IPOs this year.
1 min read · 23 May 2014
Global private equity firm TPG Capital Management LP has raised $3.3 billion in a new buyout fund, its sixth for Asia, a senior executive told Reuters, with a reshuffle of senior management nearly six months ago helping it to accelerate the fund's closure.
2 min read · 23 May 2014
Japan's Shinsei Bank Ltd and Carlyle Group are among suitors who have advanced to a final round of bidding for Standard Chartered's Hong Kong consumer finance unit, sources told Reuters.
2 min read · 23 May 2014
KKR & Co is calling on Japan's public pension fund, the world's largest, to start investing in private equity funds to boost returns and encourage other institutional investors to seek higher-yielding alternative investments.
2 min read · 23 May 2014
The youngest winners of the thriving tech economy, many of whom came of age during the last financial crisis, aren’t often interested in the ideas that attracted clients in the past, Reuters reports.
6 min read · 22 May 2014
Shares of German automotive and industrial supplier Stabilus will likely be sold at the middle of a 19 euros ($25.96) to 25 euros per share price range in its market debut on May 23, sources told Reuters.
1 min read · 22 May 2014
