FRANKFURT (Reuters) – Private equity suitors for Thyssenkrupp’s (TKAG.DE) elevator division, which is seen fetching around 16 billion euros ($17.4 billion), have submitted offers with similar levels of debt, four […]
Read moreIntuit to buy Credit Karma for $7.1 billion in cash-and-stock deal
(Reuters) – Intuit (INTU.O) said on Monday it would buy privately held personal finance portal Credit Karma in a cash-and-stock deal for about $7.1 billion, as the TurboTax maker seeks […]
Read moreTwo suitors for Thyssenkrupp elevator division sign fair owner pledge
DUESSELDORF, Germany (Reuters) – The two consortia bidding for Thyssenkrupp’s (TKAG.DE) 16 billion euro ($17.3 billion) elevator division have signed a fair owner agreement, a key demand by labor union […]
Read moreHedge fund Odey to vote against Anglo's 'unfair' 405 million stg Sirius bid
LONDON (Reuters) – Hedge fund Odey Asset Management said it would oppose Anglo American’s (AAL.L) 405 million pounds ($526 million) bid to acquire a huge fertilizer project from Sirius Minerals […]
Read moreVIP Cinema, which makes luxury movie theater seating, files for bankruptcy
(Reuters) – VIP Cinema Holdings, the largest maker of luxury reclining seats for U.S. movie theaters, on Tuesday filed for bankruptcy, citing a glut of seating as box office receipts […]
Read moreAustralia's National Storage REIT says Warburg Pincus made $1.2 billion bid
(Reuters) – National Storage REIT (NSR.AX) revealed on Tuesday New York-based private equity firm Warburg Pincus as the third suitor in the race to buy Australia’s largest self-storage operator, offering […]
Read moreInvestec pushes on with listing of asset management arm Ninety One
LONDON (Reuters) – South Africa-based banking group Investec (INVP.L) is pressing ahead with the spin out of its asset management unit, with the renamed business Ninety One confirming its intention […]
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