Shares in online takeaway firm Just-Eat Group rose as much as 10 percent above their offer price on their first day of trading in London on Thursday, valuing the company at more than 1.5 billion pounds ($2.56 billion), Reuters reported.
2 min read · 03 April 2014
Underscoring investor appetite for start-ups, venture-capital backed companies held 36 initial public offerings in the first quarter, more than any quarter for at least five years.
1 min read · 03 April 2014
Blythe Masters, one of Wall Street's most powerful women, is leaving JPMorgan Chase & Co. (JPM.N) after a 27-year career that began with an internship in London and concludes with the sale of the multibillion-dollar commodities business she built.
4 min read · 03 April 2014
French private equity firm Ardian, recently spun off from insurer AXA, has raised 500 million euros ($688 million) for small-cap investments.
1 min read · 03 April 2014
Lyft, the ridesharing service known for cars sporting fluffy pink moustaches, said it has raised another $250 million, making it one of Silicon Valley's most richly valued private companies.
2 min read · 02 April 2014
Lyft, the ridesharing service known for cars sporting fluffy pink moustaches, said it has raised another $250 million, making it one of Silicon Valley's most richly valued private companies.
2 min read · 02 April 2014
High-speed trading company, Virtu Financial Inc, will not market its initial public offering until after April 20, delaying the process from this week, people with knowledge of the matter told Bloomberg.
2 min read · 02 April 2014
Oil majors have put up for sale assets worth more than $300 billion and more could come as shareholders press for lower capital expenditure and higher dividends, Marcel van Poecke, managing director at Carlyle Group's fund International Energy Partners, told a conference.
2 min read · 02 April 2014
American Lawyer publisher ALM Media, which was once controlled by Wall Street dealmaker Bruce Wasserstein, is exploring a sale that could fetch more than $500 million, people familiar with the matter said on Tuesday.
2 min read · 02 April 2014
COFCO Corp is to pay $1.5 billion to buy a 51 percent stake in Noble Group Ltd's agribusiness, its second acquisition in less than two months, writes Reuters. The two companies plan to form a joint venture, in which Noble will retain a 49 percent stake, that will link COFCO's grain processing and distribution business in China with Noble Agri's grain sourcing and trading arms.
3 min read · 02 April 2014