A group of investors led by U.S. private equity firm Apollo Global Management LLC (APO.N) and Ontario Teachers' Pension Plan Board will buy a majority stake in job portal CareerBuilder, the companies said on Monday.
1 min read · 19 June 2017
Blue Apron Holdings Inc said on Monday it expected its initial public offering to be priced at $15 to $17 per share, giving the biggest U.S. meal kit delivery company a valuation as high as $3.18 billion.
1 min read · 19 June 2017
Permira Debt Managers, the debt management and advisory arm of Permira, has raised a third direct lending fund totaling €2.1 billion, it announced on Monday.
2 min read · 19 June 2017
Buyout fund Blackstone (BX.N) said on Monday it had agreed to acquire a majority interest in The Office Group (TOG), valuing the flexible workspace provider at about 500 million pounds ($640 million).
1 min read · 19 June 2017
In the boreal forests and on the remote prairies of Alberta, a handful of technology companies are running pilot projects they hope will end a two-decade drought in innovation and stem the exodus of top global energy firms from Canada's oil sands, Reuters reported. They are searching for a breakthrough that will cut the cost of pumping the tar-like oil from the country's vast underground bitumen reservoirs and better compete with the booming shale industry in the United States. If they fail, a bigger chunk of the world's third-largest oil reserves will stay in the ground. Canada's oil sands sector has become one of the biggest victims of the global oil price crash that began in 2014 when top OPEC producer Saudi Arabia flooded the market with cheap crude to drive out high cost competitors.
6 min read · 19 June 2017
Online food takeaway firm Delivery Hero said it would sell up to 39 million shares in its initial public offering (IPO), raising around 927 million euros ($1.04 billion), as it seeks to fend off new competitors such as Uber and Amazon (AMZN.O), Reuters reported.
1 min read · 19 June 2017
President Donald Trump will meet with the chief executives of technology companies including Apple Inc (AAPL.O) and Amazon.com Inc (AMZN.O) on Monday as the White House looks to the private sector for help in cutting government waste and improving services, Reuters reported.
3 min read · 19 June 2017
BP Energy Partners, an energy investment company backed by oil tycoon T. Boone Pickens, is selling portfolio company Pinnacle Midstream, sources told Reuters.
2 min read · 16 June 2017
Wal-Mart Stores Inc (WMT.N) said on Friday it would buy online men's fashion retailer Bonobos Inc for $310 million, in its fourth e-commerce deal in under a year, as it seeks to bridge the gap with e-commerce leader Amazon.com Inc (AMZN.O).
1 min read · 16 June 2017
Chinese bike-sharing start-up Mobike said it has raised $600 million in a financing round led by Tencent Holdings Ltd, its biggest financing round to date as it seeks to expand aggressively.
2 min read · 16 June 2017
