United Kingdom

Private Capital

BRIEF-Lyft says Alphabet’s CapitalG leads $1 bln round in Lyft

* Lyft says Alphabet's CapitalG leads $1 billion round in Lyft

LPC-Europe's lev market set for €7.6bn of LBO loans

LONDON, Oct 19 Another wave of event driven financings is set to hit Europe’s leveraged loan market in November promising at least €7.6bn-equivalent of new issuance for cash-rich investors before the end of the year.

4:22pm BST

LPC-Ineos launches €3.58bn-equiv term loan refi

Oct 19 Swiss chemicals group Ineos has launched a €3.58bn-equivalent leveraged loan to refinance existing debt and shave 50bp off of its term loan margins, banking sources said on Thursday.

3:37pm BST

UPDATE 1-Activist RBR wants Credit Suisse to float asset management unit, investment bank

* Credit Suisse management thinks projections misleading - source (Adds detail from presentation, source close to Credit Suisse)

1:57pm BST

LPC-Banks line up approx €5bn debt for Unilever spreads sale

LONDON, Oct 19 Bankers are working on debt financings of up to €5bn to back a potential sale of the margarine and spreads business of Anglo-Dutch consumer group Unilever, banking sources said.

1:54pm BST

BRIEF-Blackstone Group LP Q3 2017 total revenues $1.75 billion versus $1.43 billion ‍​

* Blackstone Group LP Q3 2017 total revenues $1.75 billion versus $1.43 billion ‍​

Regulatory News, 1:14pm BST

Activist RBR wants Credit Suisse to float asset management unit, investment bank -presentation

ZURICH, Oct 19 Activist investor RBR Capital Advisors wants Credit Suisse to float its asset management business and investment bank, according to a presentation reviewed by Reuters.

12:17pm BST

Strong private equity interest in German Alloheim sale -sources

FRANKFURT, Oct 19 Several buyout groups remain in the running for Alloheim, one of Germany's top three nursing home operators, as its owner seeks to benefit from high valuations for healthcare assets, sources close to the matter said.

IPOs, M&A, Bonds, Regulatory News, 11:45am BST

FIMI fund in talks to invest in Israel Aerospace subsidiary

TEL AVIV, Oct 19 State-owned Israel Aerospace Industries (IAI) said on Thursday it is holding talks to bring in the FIMI private equity fund as an investor in one of its subsidiaries.

8:11am BST

South Korea's Naver invests further 100 mln euros in French tech fund

PARIS, Oct 19 South Korea's Naver Corp is investing a further 100 million euros ($118 million) in French technology fund K-Fund I, marking the latest sign of international interest in the French start-up technology scene, which is vying to rival London.

Regulatory News, 6:12am BST