Reuters News

KKR, Carlyle said to Eye Bids for SingTel Australia Arm

Private equity firms KKR and Carlyle Group are among the suitors lining up bids for Singapore Telecommunications Ltd's Australian arm, Optus Satellite, Reuters is reporting.

Coty says IPO to Raise Up to $1.2 Billion

Fragrance maker Coty Inc said it expected its initial public offering of up to 65.7 million Class A shares to be priced at between $16.50 and $18.50 each, raising as much as $1.2 billion, Reuters reported.

The New Tech Palaces: Visionary HQs, or Cursed Trophies?

While much of corporate America is retrenching on the real estate front, the four most influential technology companies in America are each planning headquarters that could win a Pritzker Architecture Prize for hubris, Reuters reports.

Better Place Files For Liquidation In Big Blow To Venture Investors

Electric car company Better Place said on Sunday it had filed a motion in an Israeli court to wind up the company, bringing an end to a venture whose battery charging network had aimed to boost electric car sales.

Valeant Near Deal to Acquire Bausch & Lomb: Source

Canada's Valeant Pharmaceuticals International is nearing a deal to acquire eye care company Bausch & Lomb Holdings Inc from Warburg Pincus LLC for about $9 billion, Reuters reports.

Google Eyes Waze as Facebook Circles Hot Web Maps Property

Google Inc is in talks to buy Waze, an Israeli mapping start-up that has held discussions with several large technology companies, sources told Reuters Friday.

Tiger Global invests $50 million in Automattic's WordPress.com

Automattic, the company that operates blogging service WordPress.com, announced a $50 million investment from hedge fund Tiger Global on Friday, Reuters reported.

Toshiba, KKR to Bid for Panasonic Healthcare Unit: Sources

Toshiba Corp and U.S. private equity firm Kohlberg Kravis Roberts & Co (KKR) are among those expected to bid for Panasonic Corp's healthcare business, sources told Reuters.

3i says to Buy Barclays Infrastructure Funds Management

3i Group PLC is taking over the European infrastructure fund management business run by Barclays as part of a plan to boost fee income from public-private partnerships and energy investment projects, Reuters is reporting.

Yahoo Joins Growing List of Bidders for Hulu: Sources

Yahoo Inc has submitted a formal proposal to buy Hulu, joining a growing list of bidders for the video service owned by News Corp and Walt Disney Co, Reuters reported.