Edition:
United Kingdom

Joshua Franklin

Exclusive - First Reserve plans $3 billion buyout fund as energy rebounds: sources

13 Sep 2018

NEW YORK First Reserve Management LP is seeking to raise $3 billion (2.28 billion pounds) for a new buyout fund, making it the latest energy-focused private equity firm moving to capitalise on an oil price recovery that is fuelling new investor appetite for the sector, people familiar with the matter told Reuters on Thursday.

In Tesla's shadow, China's NIO raises $1 billion from IPO - sources

12 Sep 2018

NEW YORK/HONG KONG Chinese electric vehicle start-up NIO Inc priced its shares near the bottom of its targeted price range in its U.S. initial public offering, according to sources familiar with the matter, dragged down by investor concerns about the prospects of chief competitor Tesla Inc .

Exclusive - TV ratings provider Nielsen expands review to include company sale

12 Sep 2018

Nielsen Holdings Plc will expand a review of strategic alternatives to include a sale of the entire TV ratings company, the firm told Reuters on Tuesday, after coming under pressure to do so from hedge fund Elliott Management Corp.

Exclusive: TV ratings provider Nielsen expands review to include company sale

12 Sep 2018

Nielsen Holdings Plc will expand a review of strategic alternatives to include a sale of the entire TV ratings company, the firm told Reuters on Tuesday, after coming under pressure to do so from hedge fund Elliott Management Corp.

RPT-EXCLUSIVE-Chinese e-commerce portal Yunji Weidian taps banks for U.S. IPO -source

05 Sep 2018

Sept 5 Chinese e-commerce portal Yunji Weidian has hired investment banks for an initial public offering it plans to launch in the United States early next year, a source with direct knowledge of the matter said on Wednesday.

Exclusive: Chinese e-commerce portal Yunji Weidian taps banks for U.S. IPO - source

05 Sep 2018

Chinese e-commerce portal Yunji Weidian has hired investment banks for an initial public offering it plans to launch in the United States early next year, a source with direct knowledge of the matter said on Wednesday.

Getty family to regain control of photo agency

04 Sep 2018

The Getty family said on Tuesday it would acquire Carlyle Group LP's majority stake in Getty Images Inc, ending ten years of private equity control that contributed to the U.S. photo agency's debt pile swelling.

Chinese online pharmacy Jianke raises $130 million ahead of planned U.S. IPO

04 Sep 2018

Chinese online pharmacy Jianke Pharmaceutical said on Tuesday it raised $130 million in a private fundraising round ahead of a planned initial public offering (IPO) in the United States next year.

Exclusive - Goldman-backed Riverstone readies for make-or-break fundraising: sources

30 Aug 2018

Riverstone Holdings LLC, an energy-focused buyout firm backed by Goldman Sachs Group Inc , is laying the groundwork to raise a new flagship fund, indicating to investors it may target $5 billion (3.84 billion pounds) in capital, people familiar with the matter said.

Illinois Toolworks-backed Wilsonart explores sale: sources

29 Aug 2018

NEW YORK Wilsonart, the maker of countertops and other furniture-manufacturing materials whose owners include industrial conglomerate Illinois Toolworks Inc , is exploring a sale that could value the private company at $2.75 billion, three people familiar with the matter said on Wednesday.

World News