Reuters News

Twitter shares indicated at between $42 and $46 a share-Reuters

Twitter Inc could face volatile trade in its debut Thursday on the New York Stock Exchange, analysts said, but they remained enthusiastic after the money-losing social media company priced its IPO above the expected range, Reuters reported.

Australia's Bis Industries plans IPO in busy market but sector challenging-Reuters

KKR-owned mining services company Bis Industries Ltd is planning to raise as much as A$500 million ($475 million) in an initial public offering before the year-end, sources familiar with the matter said, capitalising on a resurgence in Australia's IPO market.

Nestle sells most of Jenny Craig to private equity firm - Reuters

Nestle is selling its Jenny Craig weight management businesses in North America and Oceania to private equity firm North Castle Partners for an undisclosed sum, writes Reuters. The Jenny Craig business in France is not part of the deal, Nestle said in a statement, adding that the new owners will offer employment to Jenny Craig staff in North America and Oceania.

Square explores IPO - WSJ

(Reuters) - Square Inc, the payment startup co-founded and headed by Twitter Inc's Jack Dorsey, is in discussions with banks about an initial public offering, the Wall Street Journal reported on Wednesday, citing a person familiar with the matter.

Exclusive: Qatari sovereign fund invests in BlackBerry debt offer, says source - Reuters

Qatar Holding LLC is among a handful of investors that have put money into BlackBerry Ltd's $1 billion convertible debt offering, a source told Reuters.

Exclusive: KKR, Kuwait Petroleum team up for RWE unit bid, say sources - Reuters

U.S. private equity firm KKR has teamed up with the international arm of Kuwait Petroleum Corp to jointly bid for German utility RWE's oil and gas unit DEA RWEDE.UL, sources told Reuters.

Blackstone, KKR compete for landscaper Brickman Group, says sources-Reuters

Blackstone Group LP and KKR & Co LP are among the buyout firms vying for Brickman Group Holdings Inc, the largest U.S. commercial landscaping company up for sale for around $1.5 billion, sources told Reuters.

Siemens sells parts of water tech business for $862 million-Reuters

Germany's Siemens agreed to sell parts of its water technologies unit to private equity group AEA Investors for 640 million euros ($862.4 million), Reuters reported.

PE-backed Numericable to price Paris listing at top of range -- Reuters

French cable operator Numericable is set to price its Paris stock market listing at 24.80 euros a share, the top of its offer range, two sources close to the deal said on Wednesday.

Smithfield owner Shuanghui hires banks for up to $6 billion HK IPO - Reuters

China's Shuanghui International Holdings, which bought U.S. pork producer Smithfield Foods Inc this year, has hired banks for a Hong Kong IPO, seeking to raise up to $6 billion in what could be the region's largest stock offering in four years, writes Reuters. An IPO would allow Shuanghui to pay down debt borrowed for the $4.7 billion Smithfield purchase and provide an exit for investors such as CDH, one of China's biggest and oldest private equity firms which has long aimed to sell its stake in the company, writes Reuters.