Private equity groups trying to take control of British challenger bank Shawbrook Group Plc said 46.6 percent of shares in the lender now counted towards the 50 percent threshold needed by a deadline on Monday for the deal to go through, Reuters reported.
1 min read · 16 June 2017
China Vanke (000002.SZ), the country's No.2 homebuilder by sales, is in talks to join a Chinese consortium led by Hopu Investment Management and Hillhouse Capital Group to bid for Global Logistic Properties (GLPL.SI), sources told Reuters.
2 min read · 16 June 2017
Amazon.com Inc (AMZN.O) said it would buy Whole Foods Market Inc (WFM.O) in a deal valued at about $13.7 billion, including debt, Reuters reported.
1 min read · 16 June 2017
Australian financial services firm Link Group and three buyout funds are putting the finishing touches to their rival offers for Capita's (CPI.L) asset management services arm, a deal worth up to 800 million pounds ($1.02 billion), sources told Reuters.
2 min read · 15 June 2017
Bain Capital plans to sell up to $400 million worth of shares in Japanese restaurant chain operator Skylark Co Ltd, IFR reported on Thursday, citing a term sheet of the transaction.
1 min read · 15 June 2017
Dubai-based ride hailing firm Careem will step up expansion into new markets after raising $150 million from investors, including German carmaker Daimler and Saudi Arabia's Kingdom Holding, Reuters reported.
2 min read · 15 June 2017
An affiliate of private equity firm Warburg Pincus will buy an about 43 percent stake in Indian engineering outsourcing provider Tata Technologies Ltd for $360 million, Reuters reported.
1 min read · 15 June 2017
Slack Technologies Inc, a corporate messaging and collaboration software startup, has received inquiries about a potential takeover from technology companies including Amazon.com Inc, Reuters reported, citing a Bloomberg story. A deal could value the company at least US$9 billion. San Francisco-based Slack has raised more than US$500 million from venture capitalists. It was founded in 2014 by CEO Stewart Butterfield, a Canadian entrepreneur, and has an office in Vancouver.
1 min read · 15 June 2017
Slack Technologies Inc, a corporate messaging and collaboration software startup, has received inquiries about a potential takeover from technology companies including Amazon.com Inc, Bloomberg reported on Thursday.
1 min read · 15 June 2017
Jonathan Yalmokas has resigned as Bank of America Corp's head of prime brokerage in the Americas to lead an equity financing business at Royal Bank of Canada, a source told Reuters.
1 min read · 14 June 2017