Deals

Japan fashion magnate raises over $8 million at Sotheby’s auction

Japan fashion magnate raises over $8 million at Sotheby’s auction

Published 17/05/2019

TOKYO (Reuters) - Japanese fashion tycoon Yusaku Maezawa sold art for more than $8 million at a Sotheby’s auction in New York on Thursday night, [more…]

Genus shares surge on deal to market gene-edited pigs in China

Genus shares surge on deal to market gene-edited pigs in China

Published 16/05/2019

BEIJING (Reuters) - British livestock genetics firm Genus agreed on Thursday to license its know-how on virus-resistant pigs to Beijing Capital Agribusiness Co Ltd, which [more…]

Japan Display says bailout from Chinese group to be delayed

Japan Display says bailout from Chinese group to be delayed

Published 13/05/2019

TOKYO (Reuters) - Japan Display Inc said on Monday that a planned investment of up to 80 billion yen ($729.33 million) from a Chinese-Taiwanese group [more…]

Exclusive: Advent readies new $2.2 billion Latam private equity…

Exclusive: Advent readies new $2.2 billion Latam private equity…

Published 18/04/2019

SAO PAULO (Reuters) - U.S. private equity firm Advent International Corp is preparing to launch a $2.2 billion fund to invest in Latin American companies, [more…]

Saudi venture fund STV says Uber deal with Careem to help Mideast…

Saudi venture fund STV says Uber deal with Careem to help Mideast…

Published 26/03/2019

DUBAI (Reuters) - Saudi Technology Ventures (STV) said on Tuesday Uber’s deal with Careem will help the Middle East ride hailing firm expand its customer [more…]

Private equity-led consortium to buy Inmarsat for $3.4 billion cash

Private equity-led consortium to buy Inmarsat for $3.4 billion cash

Published 25/03/2019

(Reuters) - A private equity-led consortium on Monday agreed to buy British satellite operator Inmarsat for about $3.4 billion in cash, six months after Inmarsat [more…]

Uber could announce $3 billion deal with Careem early this week:…

Uber could announce $3 billion deal with Careem early this week:…

Published 25/03/2019

(Reuters) - Uber Technologies Inc is set to offer over $3 billion to buy Dubai-based rival Careem Networks FZ, two sources familiar with the deal [more…]

Autonomy founder Lynch set for $5 billion Hewlett-Packard court…

Autonomy founder Lynch set for $5 billion Hewlett-Packard court…

Published 23/03/2019

LONDON (Reuters) - Mike Lynch, once hailed as Britain’s answer to Bill Gates, faces Hewlett-Packard (HP) in London’s High Court on Monday in a multi-billion [more…]

U.S. adds criminal charges against ex-Autonomy CEO Lynch

U.S. adds criminal charges against ex-Autonomy CEO Lynch

Published 22/03/2019

(Reuters) - U.S. prosecutors on Friday added three new criminal charges to their indictment against British entrepreneur Mike Lynch related to the $11.1 billion sale [more…]

Warren Buffett says Berkshire overpaid for Kraft Heinz

Warren Buffett says Berkshire overpaid for Kraft Heinz

Published 25/02/2019

(Reuters) - Warren Buffett said on Monday his Berkshire Hathaway Inc overpaid in the 2015 merger that created Kraft Heinz Co, but he had no [more…]