Goldman Sachs Group has appointed senior banker Stuart Bernstein as head of its venture capital coverage group, as it seeks to generate more business in sectors such as telecommunications and clean technology, writes Reuters. Bernstein is currently global head of Goldman's clean technology and renewables group, a role he will retain. He previously led Goldman's financial institution's equity capital markets group.
1 min read · 05 September 2013
French industrial gases maker Air Liquide is in talks to sell its Anios healthcare unit in a deal potentially worth about 350 million euros ($461.9 million), writes Reuters. The prospective buyer is AXA Private Equity, which was spun off from French insurer AXA this year, writes Reuters.
1 min read · 05 September 2013
Oil and gas company EP Energy Corp, which was taken private by a consortium led by Apollo Global Management LLC last year, filed with regulators to raise up to $100 million in an initial public offering of its common stock, Reuters reported.
1 min read · 04 September 2013
Activist hedge fund Starboard Value LP said it is working with investors interested in paying "substantially" more for Smithfield Foods Inc than the price China's Shuanghui International Holdings Ltd had agreed to, Reuters reported.
3 min read · 04 September 2013
Sunrun and Nest are joining forces in an effort to save the planet, writes VentureBeat. The two companies have announced a partnership to encourage more Americans to reduce their energy consumption.
3 min read · 04 September 2013
Bank of America Corp raised $1.47 billion by selling its remaining stake in China Construction Bank Corp, ending an eight year-old investment that generated a paper profit more than five times the original cost, writes Reuters. The Charlotte, North Carolina-based bank sold 2 billion Hong Kong-listed shares of CCB at HK$5.70 each, a 3.9 percent discount to Tuesday's close, a term sheet of the deal seen by Reuters showed.
4 min read · 04 September 2013
LinkedIn Corp said on Thursday it will sell an additional $1 billion of its Class A common stock as the Internet company moves to bolster product development and perhaps make more acquisitions, Reuters reported.
1 min read · 03 September 2013
Privately held ride service Uber, which has raised more than $300 million from investors, announced on Tuesday it hired a chief financial officer and a head of growth with experience at publicly held companies Google Inc and Facebook Inc, Reuters reported.
1 min read · 03 September 2013
KKR and Permira, the controlling owners of ProsiebenSat.1, are selling a quarter of their stake in the German free-to-air broadcaster, Reuters is reporting.
2 min read · 03 September 2013
Broadcast tower operator Telediffusion de France (TDF) has received a near 3.8-billion-euro non-binding offer from Dering Capital for its French assets, the Financial Times reported, citing people familiar with the matter.
1 min read · 03 September 2013
