San Francisco-based private equity firm Hellman & Friedman did not lodge a bid for Australia's Fairfax Media before a Friday deadline, a source told Reuters.
1 min read · 30 June 2017
Canada Pension Plan Investment Board (CPPIB) said on Friday it would buy Parkway Inc, a real estate investment trust, in a deal valued at $1.2 billion.
1 min read · 30 June 2017
Blue Apron Holdings Inc's (APRN.N) shares were up about 1 percent in their market debut on Thursday following the meal-kit delivery company's watered down IPO in the shadow of Amazon.com's (AMZN.O) deal to buy Whole Foods Market, Reuters reported.
2 min read · 30 June 2017
The race to buy Global Logistic Properties (GLPL.SI) is now between a Chinese consortium backed by the company's management and a rival group led by Warburg Pincus, Reuters reported.
3 min read · 30 June 2017
Tethys Invest, an investment fund of L'Oreal's largest investor, the Bettencourt-Meyers family, said on Thursday it had bought a minority stake in French private hospital group Elsan.
1 min read · 29 June 2017
Caisse de dépôt et placement du Québec, one of the world's biggest infrastructure and real estate investors, is holding off on major investments in London real estate amid uncertainty over the impact of Britain's planned exit from the European Union, Reuters reported. Canada's second-biggest public pension fund has been an enthusiastic investor in Britain and earlier this year agreed to finance the expansion of London's Heathrow Airport in which it is one of the biggest shareholders. Until recently, London was one of the cities the Caisse was most committed to investing in along with New York and Shanghai.
3 min read · 29 June 2017
Blue Apron Holdings Inc (APRN.N), the biggest U.S. meal kit provider, raised $300 million as it went public on Wednesday, a third less than it had hoped, as Amazon.com's (AMZN.O) industry-changing deal to buy Whole Foods Market Inc (WFM.O) weighed on the sector, Reuters reported.
4 min read · 29 June 2017
Columbia University law professor Robert Jackson is a leading contender for one of the two commissioner vacancies on the U.S. Securities and Exchange Commission, sources told Reuters.
2 min read · 29 June 2017
U.S. private equity firm Lone Star Funds is making a renewed push to sell corporate bank IKB, one of the highest-profile German casualties of the financial crisis, Reuters reported.
1 min read · 29 June 2017
strong>Sycamore Partners said on Wednesday it would acquire U.S. office supplies chain Staples Inc (SPLS.O) for $6.9 billion, a rare bet by a private equity firm this year in the U.S. retail sector, which has been roiled by the popularity of internet shopping, Reuters reported.
2 min read · 29 June 2017
