(Reuters) – Epic Games, the creator of the popular video game “Fortnite” said on Thursday it has raised $1.78 billion in its latest funding round, taking the company’s valuation past […]
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Private equity firms considering takeover bid for Kansas City Southern: WSJ
(Reuters) – A group of buyout investors are considering a takeover bid for Kansas City Southern (KSU.N) for a deal value of about $20 billion, the Wall Street Journal reported […]
Read moreDeutsche Bank CEO damps speculation of reviving Commerzbank merger talks
FRANKFURT (Reuters) – Deutsche Bank’s (DBKGn.DE) chief executive Christian Sewing on Wednesday damped speculation that the lender was eager to revive merger talks with Commerzbank, telling analysts that the bank […]
Read morePentagon, Lynas sign contract to kick off design work for U.S. rare earths facility
(Reuters) – Rare earth producer Lynas Corp (LYC.AX) said on Monday it signed a contract with the U.S. Department of Defense to begin initial design work for its heavy rare […]
Read moreExclusive: Mexico moves to launch world's largest oil hedge – sources
NEW YORK/MEXICO CITY (Reuters) – Mexico has asked top Wall Street banks to submit quotes for its giant oil hedging program, sources familiar with the matter said on Friday, while […]
Read moreMTN Uganda stake sale to be restricted to East Africans -regulator
KAMPALA (Reuters) – The sale of a 20% equity stake in MTN Uganda, the country’s biggest telecoms operator, will be restricted to citizens of the East African Community trading bloc, […]
Read moreHong Kong developer CK Asset sells Chengdu development project for $1 billion
HONG KONG (Reuters) – CK Asset (1113.HK), founded by tycoon Li Ka-shing, said it had sold a residential and commercial development project in the Southwest Chinese city of Chengdu for […]
Read moreApollo launches platform to make large loans
(Reuters) – Buyout firm Apollo Global Management Inc (APO.N) said on Monday it is creating a new credit unit to provide companies with loans of about $1 billion. The new […]
Read moreIberdrola trumps Ayala with offer for Australian renewable energy firm
MELBOURNE/BENGALURU (Reuters) – Spain’s Iberdrola has made an agreed A$828 million ($569 million) bid for Australian wind and solar firm Infigen Energy (IFN.AX), topping an offer from Philippine conglomerate Ayala […]
Read moreRoyalty Pharma IPO prices at top of range in biggest 2020 U.S. listing: sources
NEW YORK (Reuters) – Royalty Pharma RPRX.O is set to sell shares in its U.S. initial public offering (IPO) at the top end its target range, in the biggest U.S. […]
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