Edition:
United Kingdom

Joshua Franklin

Exclusive: KKR explores $5 billion sale of Epicor Software - sources

22 Aug 2019

Buyout firm KKR & Co Inc is exploring a sale of Epicor Software Corp that could value the U.S. enterprise resource planning software provider at close to $5 billion (4.08 billion pounds), including debt, people familiar with the matter said on Thursday.

MOVES-WeWork's business and financial operations chief departs-sources

19 Aug 2019

Aug 19 Ted Stedem, WeWork's global head of business and financial operations, has left the U.S. shared office space manager ahead of its anticipated initial public offering (IPO), people familiar with the matter said on Monday.

SoftBank convertible note helped cut WeWork losses

15 Aug 2019

NEW YORK Investors may be stumped by some of the finances WeWork owner We Company unveiled this week in its filing to go public, in particular a $486 million gain on a convertible note that made losses at the coworking firm appear a lot smaller.

WeWork to test IPO investor appetite with widening losses

15 Aug 2019

WeWork owner The We Company published detailed financial statements for the first time on Wednesday, revealing breakneck revenue growth and soaring losses, as it prepares for an initial public offering as early as next month. | Video

WeWork lifts veil on finances with IPO filing

14 Aug 2019

Aug 14 WeWork owner The We Company on Wednesday filed with regulators for an initial public offering and published detailed financial statements for the first time.

MOVES-Japan's MUFG hires bankers to build out restaurant practice -memo

05 Aug 2019

NEW YORK, Aug 5 Japan's Mitsubishi UFJ Financial Group Inc has hired three corporate finance bankers to build out its U.S. restaurant practice, according to a memo seen by Reuters on Monday, in a bid to win more restaurant franchisees as clients.

JPMorgan in pole position to lead WeWork IPO after debt offering - sources

03 Aug 2019

NEW YORK WeWork owner The We Company has tapped JPMorgan Chase & Co to head an upcoming debt offering, putting the bank in pole position to lead a planned initial public offering (IPO) later this year, people familiar with the matter said.

JPMorgan in pole position to lead WeWork IPO after debt offering -sources

03 Aug 2019

NEW YORK, Aug 2 WeWork owner The We Company has tapped JPMorgan Chase & Co to head an upcoming debt offering, putting the bank in pole position to lead a planned initial public offering (IPO) later this year, people familiar with the matter said.

China's Wanda Sports raises $190.4 million in downsized IPO

26 Jul 2019

HONG KONG/NEW YORK Wanda Sports Group, a sport events owner whose interests include the distribution of media rights in Asia for the FIFA World Cup, said on Friday it priced a smaller-than-expected U.S. initial public offering (IPO) below its targeted range to raise $190.4 million. The Beijing-based company, a unit of Chinese conglomerate Dalian Wanda Group, sold about 23.8 million American depositary shares (ADS) at $8 each, compared with a previously stated target of selling 28 million ADS between $9 to $11.

China's Wanda Sports raises $190.4 million in downsized IPO

26 Jul 2019

HONG KONG/NEW YORK Wanda Sports Group, a sport events owner whose interests include the distribution of media rights in Asia for the FIFA World Cup, said on Friday it priced a smaller-than-expected U.S. initial public offering (IPO) below its targeted range to raise $190.4 million (£153.07 million).

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