Edition:
United Kingdom

Joshua Franklin

Exclusive: Fidelity National nears deal to acquire FGL Holdings - sources

06 Feb 2020

Fidelity National Financial Inc is nearing a deal to acquire U.S. annuities and life insurance firm FGL Holdings Inc , as it seeks to expand beyond its core title insurance business, three people familiar with the matter said on Thursday.

Exclusive: Coronavirus outbreak delays Carlyle's Atotech IPO - sources

06 Feb 2020

(This January 31 story has been refiled to correct spelling of coronavirus in headline)

Mattress seller Casper's IPO slashes valuation by more than half

05 Feb 2020

Casper Sleep Inc on Wednesday sold shares in its initial public offering (IPO) at the bottom end of a targeted range it had already lowered, slashing the online mattress retailer's valuation by more than half in less than a year.

Drug research firm PPD prices IPO at top end of target

05 Feb 2020

NEW YORK Drug research firm PPD Inc said on Wednesday it raised $1.62 billion in its initial public offering (IPO) after pricing shares at the top end of its targeted range.

Reynolds shakes off market jitters with year's first big IPO

30 Jan 2020

NEW YORK Reynolds Consumer Products , the maker of Reynolds Wrap tin foil, raised around $1.2 billion in its initial public offering on Thursday, braving stock market volatility fueled by concerns over the spread of a coronavirus.

Lazard looks to brighter 2020 after bruising dealmaking slowdown

30 Jan 2020

NEW YORK Investment bank Lazard Ltd said on Thursday net profit in 2019 slumped by 44% year on year, as last year's slowdown in corporate dealmaking weighed on earnings, but the company said fourth-quarter activity gave grounds for optimism in 2020.

Stanley Black & Decker buys Boeing supplier CAM for $1.5 billion, with caveat

29 Jan 2020

U.S. toolmaker Stanley Black & Decker Inc said on Wednesday it is acquiring Boeing Co supplier Consolidated Aerospace Manufacturing LLC (CAM) for as much as $1.5 billion, with a portion of the price contingent on Boeing's troubled 737 MAX aircraft returning to the skies.

World News