Dealmaking

Uber makes confidential filing for long-awaited IPO: Reuters

Uber Technologies Inc has filed paperwork for an initial public offering, according to three people with knowledge of the matter, taking a step closer to a key milestone for one of the most closely watched and controversial companies in Silicon Valley, Reuters reported.

PE HUB First Read

First Read begins the week with news that Facebook is increasing its stock buyback program by $9 billion, IBM is selling its remaining Lotus components to HCL for $1.8 billion, and Uber has filed confidentially for its long-awaited IPO.

PE HUB Second Opinion

In Second Opinion, Netflix posted a record-breaking November on mobile, Airbnb says it has paid $1 billion in local taxes on behalf of hosts since 2014 and White House Chief of Staff Kelly is expected to step down in the coming days.

Once mighty Noble Group faces insolvency protection after re-listing ban: Reuters

Noble Group (NOBG.SI) said on Friday it will seek changes to its original debt restructuring plan, with the spotlight now moving toward what the once mighty commodity merchant has called the alternative: insolvency protection.

China's Fosun Tourism raises $428 million in Club Med HK IPO, say sources: Reuters

China’s Fosun Tourism Group has raised $428 million in its Club Med holiday business initial public offering (IPO), pricing shares at the bottom of a marketed range, sources told Reuters.

SoftBank mobile services disrupted ahead of bumper IPO, shares drop: Reuters

SoftBank Group Corp’s mobile phone services were disrupted in some parts of Japan on Thursday, ahead of an initial public offering (IPO) of its domestic telecoms unit later this month that will potentially raise $21 billion, Reuters reported.

Baring Private Equity Asia to buy Japan's Pioneer for $900 million: Reuters

Baring Private Equity Asia will buy cash-strapped Japanese electronics firm Pioneer Corp (6773.T) for $900 million, in a two-stage investment that marks the latest attempt by the country’s car navigation system makers to survive, Reuters reported.

PE HUB Wire Highlights, 12.7.18

TowerBrook to buy Orchid Underwriters from Gryphon, NYC pension system names private equity chief

PE HUB First Read

First Read ends the week with news that Siris Capital and Elliot Management near agreement to buy Travelport Worldwide, "A Star is Born" and "Vice" lead 2019 Golden Globe nominations and Lightspeed VC makes wave of new hires after fund closes.

TowerBrook to buy Orchid Underwriters from Gryphon