Edition:
United Kingdom

Greg Roumeliotis

Pandemic hits Prudential Asia, sources say Jackson on block

14 May 2020

LONDON/NEW YORK Shares in Prudential fell on Thursday as the coronavirus pandemic hit its Asia sales and it warned of challenging times ahead, while sources told Reuters the insurer's U.S. unit was for sale.

Uber approaches Grubhub with acquisition offer - sources

14 May 2020

Uber Technologies Inc is in negotiations to buy online food delivery company Grubhub Inc in an all-stock deal, according to people familiar with the matter. | Video

Bain Capital's dealmakers donate $40 million for coronavirus relief

29 Apr 2020

April 29 Bain Capital's managing directors and other employees have donated $40 million to a relief fund dedicated to supporting local communities and employees in its portfolio companies affected by the coronavirus outbreak, the private equity firm told its investors in a letter seen by Reuters.

Exclusive: Boeing eyes major bond issue to raise funds

29 Apr 2020

Boeing Co is working with investment banks on a multibillion-dollar bond-fueled financing package as it aims to shore up its balance sheet amid a sharp travel downturn due to the coronavirus pandemic, three people familiar with the matter said on Tuesday.

Glass Lewis backs Tegna's board in fight with Standard General

22 Apr 2020

NEW YORK Tegna Inc said on Wednesday that proxy advisory firm Glass Lewis had recommended that the U.S. regional TV station operator's shareholders vote for all 12 of its director nominees in the proxy contest against hedge fund Standard General LP.

Glass Lewis backs Tegna's board in fight with Standard General

22 Apr 2020

NEW YORK, April 22 Tegna Inc said on Wednesday that proxy advisory firm Glass Lewis had recommended that the U.S. regional TV station operator's shareholders vote for all 12 of its director nominees in the proxy contest against hedge fund Standard General LP.

Exclusive: Norwegian Cruise taps Goldman Sachs to explore stake sale - sources

18 Apr 2020

Norwegian Cruise Line Holdings Ltd has hired investment bank Goldman Sachs Group Inc to explore financing options that could include the sale of a stake in the company, people familiar with the matter said on Friday.

Exclusive: Apollo readies IPO of cloud company Rackspace - sources

16 Apr 2020

NEW YORK Private equity firm Apollo Global Management Inc has registered Rackspace Holding Inc for an initial public offering (IPO) that could value the cloud services firm at more than $10 billion, including debt, people familiar with the matter said.

Ariel Investments says backs Tegna in fight with Standard General

14 Apr 2020

Ariel Investments LLC, the 11th-largest shareholder of U.S. regional TV station operator Tegna Inc , said on Monday it was backing the company's board in its proxy contest with hedge fund Standard General LP.

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