Genesis Energy LP said it will buy Tronox Ltd's alkali business, the world's largest producer of natural soda ash, for about $1.33 billion in cash to expand into the chemicals sector.
1 min read · 03 August 2017
The owners of Austrian lender BAWAG PSK have hired Rothschild to advise them on an initial public share offer that could take place as early as autumn, sources told Reuters.
1 min read · 03 August 2017
Kabbage Inc, a U.S. online lender for small businesses, said on Thursday it had raised $250 million in equity funding from SoftBank Group Corp (9984.T), the latest fintech investment by the Japanese technology conglomerate, Reuters reported.
2 min read · 03 August 2017
Foreign buyout firms chasing Canadian assets helped push private equity activity to a record high in the first half of 2017, and lawyers and fund managers say the trend is likely to continue through the rest of the year, Reuters reported. Deal values jumped 55 per cent in the first half from a year ago to $14.6-billion, an all-time high, according to data released by Thomson Reuters. About 38 percent of the buyout deals targeting Canadian companies had a foreign lead investor. Meanwhile, venture capital investment in Canadian technology companies hit a 16-year high in the first half, rising 18 per cent to $2.1-billion. It was the best first half since 2001.
2 min read · 02 August 2017
U.S. private equity funds Tennenbaum Capital Partners LLC (TCP) and Goldman Sachs BDC (GSBD) have bought solar energy company Conergy Asia & ME Pte Ltd and its subsidiaries, Conergy said on Wednesday.
1 min read · 02 August 2017
Unilever has invested in German start-up Helpling, a website for booking home cleaners, its latest effort to test new businesses as technology changes ways of selling packaged goods, Reuters reported.
1 min read · 02 August 2017
Chinese peer-to-peer lending platform Dianrong has raised $220 million from Singapore sovereign fund GIC Pte Ltd and other investors to fund R&D in China and potential ventures elsewhere in Asia, Reuters reported.
3 min read · 02 August 2017
Private equity firm Carlyle Group LP (CG.O) posted better-than-expected second-quarter earnings on Wednesday, mirroring the performance of some of its peers as rising stock markets and a resilient world economy lifted investment returns, Reuters reported.
1 min read · 02 August 2017
The bloom is off seed funding, the business of providing money to brand-new startups, as investors take a more measured approach to financing emerging U.S. technology companies.
5 min read · 01 August 2017
Private equity firm Bridgepoint is about to buy British house builder Miller Homes for 655 million pounds ($865.6 million), from a subsidiary of Blackstone (BX.N), a private equity and alternative investment firm, a source told Reuters.
1 min read · 01 August 2017
