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Reuters News

Gaming firm Razer seeks Oct HK IPO at up to $5 billion valuation, says source: Reuters

Razer Inc, a gaming hardware maker backed by Intel Corp and Hong Kong billionaire Li Ka-shing, plans to go public toward the end of October in an IPO that will value the company at up to $5 billion, a source told Reuters.

2 min read · 12 July 2017

Shell to sell stake in Corrib gas field in Ireland for $1.23 billion: Reuters

Royal Dutch Shell Plc said it would sell its 45 percent stake in the Corrib gas venture to a unit of Canada Pension Plan Investment Board (CPPIB) for up to $1.23 billion, marking the oil company's exit from the upstream business in Ireland.

1 min read · 12 July 2017

Halcón pivots to Permian with $1.4 billion Bakken deal: Reuters

Shale oil producer Halcón Resources Corp said on Tuesday it would sell most of its North Dakota operations for $1.4 billion cash, part of a plan to shift its focus to Texas' Permian Basin, the largest U.S. oilfield.

2 min read · 12 July 2017

UK fintech start-up Revolut raises $66 million, adds bitcoin: Reuters

The "global banking alternative" Revolut has raised $66 million in a fund-raising round, the start-up said on Wednesday, in the latest sign that London is so far weathering Brexit to remain a global financial-technology center.

3 min read · 12 July 2017

Jost shares offered at 25-31 EUR/shr in Frankfurt listing: Reuters

German truck and trailer parts maker Jost set the price range for its private share placement at 25 euros to 31 euros ($28.66-$35.54) a share, Jost said on Wednesday.

1 min read · 12 July 2017

Symantec explores selling web certificates business: Reuters

Cybersecurity firm Symantec Corp is considering selling its website certification business, in a deal that could fetch more than $1 billion and extricate it from a feud with Alphabet Inc's Google, Reuters reported.

2 min read · 12 July 2017

Ant Financial refiles for U.S. approval of MoneyGram deal: Reuters

Ant Financial, the affiliate of China's Alibaba Group Holding Ltd (BABA.N) that agreed to buy money transfer company MoneyGram International Inc (MGI.O) for $1.2 billion, has resubmitted the deal for U.S. review, Reuters reported.

3 min read · 12 July 2017

Vintage Capital offers to buy Rent-A-Center for $800 million. says letter: Reuters

Vintage Capital has offered to buy Rent-A-Center Inc (RCII.O) for around $800 million, according to a letter seen by Reuters, in a move that would add another rent-to-own company to the private equity firm's portfolio.

2 min read · 11 July 2017

Toyota leads $14 million funding round for Israel's Intuition Robotics: Reuters

Intuition Robotics, an Israeli developer of artificial intelligence robots for use by the elderly, said on Tuesday it raised $14 million in an early stage funding round led by the Toyota Research Institute (TRI).

1 min read · 11 July 2017

Australia's Vocus gets $1.7 billion approach from Affinity, matches KKR bid: Reuters

Australian internet provider Vocus Group Ltd said on Tuesday a second private equity firm has made a A$2.2 billion ($1.7 billion) takeover approach, sending its shares higher on hopes for a bidding war.

2 min read · 11 July 2017

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