Reuters News

Trump bars Chinese-backed firm from buying U.S. chipmaker Lattice: Reuters

U.S. President Donald Trump blocked a Chinese-backed private equity firm from buying a U.S.-based chipmaker on Wednesday, sending a clear signal to Beijing that Washington will oppose takeover deals that involve technologies with potential military applications, Reuters reported.

Iconic Canadian retailer Roots files for IPO: Reuters

Canadian lifestyle retailer Roots Corp said on Wednesday it filed a preliminary prospectus with the securities regulatory authorities in Canada for a proposed initial public offering of its common shares, Reuters reported.

Teva to sell women's health assets to CVC Capital Partners, says report: Reuters

Teva Pharmaceutical Industries Ltd (TEVA.TA) (TEVA.N) is close to a deal to sell its women’s health assets outside the United States to private equity firm CVC Capital Partners, the Fly reported, citing Bloomberg.

Auto leasing firm LeasePlan aims to list in 2018, say sources: Reuters

Netherlands-based LeasePlan, the world’s largest auto-leasing firm, aims to float next year and could raise more than 1 billion euros ($1.2 billion), sources told Reuters.

Toshiba signs memorandum to accelerate chip sale talks with Bain group: Reuters

Toshiba Corp said on Wednesday it has signed a memorandum to accelerate talks to sell its memory chip business to a group led by private equity firm Bain Capital and chipmaker SK Hynix Inc.

Toscafund to launch 300 mln euro private equity fund: Reuters

London-based Toscafund Asset Management is set to launch a new 300 million euro ($359.34 million) private equity fund that will focus on small and mid-sized companies, it said on Wednesday.

Carlyle to sell South Korean security firm ADT Caps, say sources: Reuters

Private equity firm Carlyle Group is planning a sale of South Korean security systems company ADT Caps in what could be the country’s biggest M&A deal in two years, sources told Reuters.

Blackstone's Schwarzman describes pressure to disband Trump advisory groups: Reuters

Billionaire investor Stephen Schwarzman said he understood the decision to disband the business advisory groups but said he was not personally “outraged” by President Trump’s reaction to a rally organized by white nationalists, Reuters reported.

Nordstrom family chooses Leonard Green as buyout partner: Reuters

Nordstrom Inc’s (JWN.N) founding family has selected private equity firm Leonard Green & Partners to help take the high-end retailer private, Reuters reported.

Toshiba in chip talks with Bain, but doesn't rule out other suitors: Reuters

Toshiba Corp (6502.T) said on Wednesday it has agreed to focus on selling its prized chips unit to a group led by Bain Capital and South Korean chipmaker SK Hynix , although it is not ruling out a deal with other bidders, Reuters reported.