U.S. credit card processing company Vantiv moved closer to creating a $29 billion global payments powerhouse on Wednesday with a formal offer to buy Britain's Worldpay for 8 billion pounds ($10 billion), Reuters reported.
3 min read · 09 August 2017
Arqiva, a company that runs much of Britain's TV and mobile infrastructure, has hired four banks for an initial public offering, a source told Reuters. The company, whose biggest shareholders include Canada Pension Plan Investment Board and Macquarie Group, has appointed Barclays, Goldman Sachs, HSBC and JP Morgan for the listing, the source said. Arqiva, which carried the BBC's first TV broadcast in 1936, works with major mobile operators, independent radio groups and leading British broadcasters.
1 min read · 08 August 2017
Nissan Motor Co said on Tuesday it has agreed to sell its electric battery business to Chinese investment firm GSR Capital for an undisclosed sum.
1 min read · 08 August 2017
Infrastructure investor I Squared Capital aims to raise as much as $6.5 billion in a new global fund to tap rising demand for infrastructure assets and has already won commitments for a large chunk of the sum, sources told Reuters.
2 min read · 08 August 2017
U.S. buyout firm Fortress Investment Group (FIG.N) has agreed to buy about 1,300 public apartment buildings in Japan for 24 billion yen ($217 million) in a government auction, sources told Reuters.
2 min read · 08 August 2017
British payments firm Worldpay said on Tuesday the deadline for its long-awaited deal with U.S. suitor Vantiv has been pushed back four days because the two companies need more time to reach a final agreement, Reuters reported.
2 min read · 08 August 2017
Eden Creamery LLC, the privately owned U.S. manufacturer of low-calorie ice cream brand Halo Top, is exploring a sale that it hopes will value the ice cream brand at as much as $2 billion, Reuters reported.
2 min read · 08 August 2017
Buyout firm Lion Capital is working with Credit Suisse to explore strategic options for Dutch discount retailer HEMA, sources told Reuters, reviving previous efforts to find a new owner for the business.
2 min read · 07 August 2017
Arqiva, a company that runs much of Britain's TV and mobile infrastructure, has hired four banks for an initial public offering, a source told Reuters.
1 min read · 07 August 2017
U.S. financial technology provider Fiserv made an improved offer for Monitise worth about 75 million pounds ($98 million) on Monday, hoping to secure backing from the British financial services technology group's investors, Reuters reported.
2 min read · 07 August 2017