Private equity group BC Partners is considering selling French domestic cleaning products maker Spotless Group and is looking for a price tag of between 900 million euros ($1.23 billion) to 1 billion euros, writes Reuters. Bankers Rothschild and JP Morgan are likely to be selected to conduct the sale of the Spotless Group.
1 min read · 20 May 2014
KKR has been in talks with the Innovation Network Corporation of Japan (INCJ) for possible joint investment, Hirofumi Hirano, chief executive of KKR Japan, said at the Reuters Japan Investment Summit on Monday.
2 min read · 19 May 2014
Google Inc was said to be in talks to acquire video-streaming service Twitch, according to a report in the Wall Street Journal, Reuters reported
1 min read · 19 May 2014
At least 10 members of the nonprofit Bitcoin Foundation have resigned over this month's election of onetime Disney child star and current Bitcoin entrepreneur and financier Brock Pierce as a new director, Reuters reported.
3 min read · 19 May 2014
Google Inc said it has acquired Divide, a company whose software allows corporations to manage the personal smartphones that consumers increasingly use on the job, Reuters reported.
1 min read · 19 May 2014
Global private equity firm CVC Capital Partners Ltd said on Monday it has completed a $3.5 billion fund for investments in Asia, CVC Capital Partners Asia Pacific IV LP.
1 min read · 19 May 2014
Video game retailer GAME Digital plans to float its shares on the London Stock Exchange in a listing that two sources familiar with the matter said could value the chain at around 400 million pounds ($673 million).
2 min read · 19 May 2014
German toy maker Schleich, known for its lifelike figurines, has been bought by French private equity firm Ardian from its British owner HgCapital, the two private equity companies said on Sunday.
1 min read · 19 May 2014
AT&T Inc plans to pay $48.5 billion to buy DirecTV, in the latest sign that the wireless industry and the U.S. television market are set to converge as customers consume more video on their mobile devices.
4 min read · 19 May 2014
AstraZeneca has rejected a sweetened and final offer from Pfizer, writes Reuters. The rebuff came nine hours after Pfizer said it had raised its takeover offer to 55 pounds a share, or around 70 billion pounds ($118 billion) in total, and would walk away if AstraZeneca did not accept it, writes Reuters.
4 min read · 19 May 2014