Reuters News

Blackstone in Talks to Buy Minority Stake in Rothesay: report

Blackstone Group LP , is in talks to buy a minority stake in Goldman Sachs Group Inc's , UK pensions insurance operation, Rothesay Life, the Financial Times reported on Friday.

Reuters: Bidder Says RBS Branch Sale Could Be Delayed

W&G Investments Plc, one of the three bidders vying for Royal Bank of Scotland's 315 branches, said the sale could be delayed beyond the two-year schedule, Reuters reported.

Alibaba Buys Stake in Online Shopping Firm ShopRunner: report

Chinese e-commerce company Alibaba Group, which is preparing for an initial public offering in Hong Kong, has bought a minority stake in online shopping company ShopRunner, the Financial Times reported on Friday.

Reuters: India's Balaji Wafers in Talks with PEs to Raise $100-125 Mln-Sources

(Reuters) - Indian snack maker Balaji Wafers is in separate talks with private-equity funds, including Blackstone Group and Actis, to raise between $100 million and $125 million, two sources with direct knowledge of the matter told Reuters.

Reuters: Icahn's bid to fast-track key Dell lawsuit fizzles out

Activist investor Carl Icahn's legal effort to derail a $25 billion takeover of Dell Inc stalled after a judge refused to fast-track his lawsuit against the personal computer maker, blunting an integral part of his months-long opposition campaign, Reuters reported.

Reuters: RLPC-AHT Cooling Sale Bids Top 500 Million Euros

A handful of potential buyers have submitted bids in excess of 500 million euros ($662.58 million) for private equity firm Quadriga Capital's Austrian refrigeration manufacturer AHT Cooling, sources told Reuters.

Reuters: Woolworths, KKR Bid for Hutchison Whampoa's ParknShop - Sources

Hutchison Whampoa Ltd, controlled by Asia's richest man Li Ka-shing, has received at least seven offers for its Hong Kong supermarkets business, ParknShop, sources told Reuters.

Reuters: Buffett's Berkshire Buys Suncor, Dish as Stock Bet Grows

Berkshire Hathaway Inc reported new stakes in Suncor Energy Inc and Dish Network Corp as the company run by Warren Buffett added billions of dollars of stock investments, Reuters reported.

Reuters: IBM Says It Will Buy Trusteer, Source Says Paying Close to $1 billion

IBM, the world's biggest technology services company, said on Thursday it has agreed to buy Trusteer, a company that helps businesses fight computer viruses and fraud, Reuters reported.

Reuters: Leonard Green Weighs $1.5 billion Sale of Landscaping Firm Brickman -- sources

Leonard Green & Partners LP is exploring a sale of Brickman Group Holdings Inc that could value the largest commercial landscaping company in the United States at up to $1.5 billion, sources told Reuters.