Reuters News

U.S. leveraged loans ready for strong second half

Herbicide supplier Albaugh explores sale, say sources: Reuters

Albaugh LLC is exploring a sale that could value the privately held U.S. producer of agricultural crop protection chemicals at more than $1.5 billion, including debt, sources told Reuters.

Berry leads expansion of Macquarie’s European fund finance: Reuters

Steve Berry has joined Macquarie Specialised Investment Solutions (MSIS) as division director of its Fund Finance business, the company announced.

Goldman plots return to banking growth mode through hires, investments: Reuters

Goldman Sachs Group Inc plans to add about half a dozen senior bankers over the next six months or so and invest more in Asia using its balance sheet as the Wall Street firm seeks to switch to a growth mode in investment banking, a top executive said.

Cinven starts clock on German industrial ceramics group sale, say sources: Reuters

Buyout group Cinven is expecting bids worth as much as 2.4 billion euros ($2.9 billion) next month for German industrial ceramics group Ceramtec from Asian industry players and financial investors, sources told Reuters.

Canada-based chat platform Kik to launch $125 million token sale: Reuters

Kik Interactive, the Ontario, Canada-based creator of the global chat platform Kik, valued at $1 billion, said on Tuesday it will launch in two weeks the sale of its own crypto currency which is expected to raise $125 million.

China-backed fund to decide whether to take deal to Trump, say sources: Reuters

A China-backed private equity fund will decide this week whether to seek U.S. President Donald Trump’s approval for its proposed $1.3 billion acquisition of U.S. chipmaker Lattice Semiconductor Corp (LSCC.O), sources told Reuters.

Bain-led consortium in last-minute $18 billion bid for Toshiba chip unit: Reuters

A consortium led by Bain Capital and including Apple Inc (AAPL.O) has offered a revised last-ditch bid for Toshiba Corp’s (6502.T) prized memory chip unit worth about 2 trillion yen ($18.2 billion), Reuters reported.

Toyota joins Grab's $2.5 billion fund raising, unveils tie-up: Reuters

Toyota Motor Corp’s trading arm became the latest participant in ride-hailing firm Grab’s current financing round that is expected to raise $2.5 billion, led by Chinese peer Didi Chuxing and Japan’s SoftBank Group Corp, Reuters reported.

Uber picks savvy dealmaker, not 'tech bro' as new CEO: Reuters

Dara Khosrowshahi may have been the compromise choice for Uber Technologies Inc’s new chief executive, Reuters reported.