LONDON Embattled British lender Metro Bank has raised 375 million pounds of vital capital to shore up its finances just hours after launching a discounted funding round on Thursday.
LONDON WPP has shortlisted a series of U.S. buyout funds to submit binding bids for a majority stake in its data analytics unit Kantar as it wants to finalise the sale in late June, four sources familiar with the matter told Reuters.
Nestle SA is in exclusive talks with a consortium led by private equity firm EQT Partners for a sale of its skin health unit, according to a source familiar with the matter.
LONDON/MILAN/FRANKFURT Four private equity firms are looking to submit final bids for Italian chemicals firm Industria Chimica Emiliana (ICE) in a deal valued at about 600 million euros ($673 million), sources familiar with the matter told Reuters.
FRANKFURT/LONDON UniCredit has stepped up preparations for a potential bid for Germany's Commerzbank by drafting in investment bankers including a former top German official, three people familiar with the matter said.
FRANKFURT/LONDON, May 14 UniCredit has
engaged investment bankers, including a former top German
official, to advise it on a potential bid to buy Commerzbank
, according to three people familiar with the matter.
ABU DHABI/LONDON United Arab Emirates-based Finablr had to cut the price on its initial public offering as the payments and foreign exchange company faced weak investor demand in jittery markets which also rocked ride-hailing app Uber's Wall Street debut.
LONDON, April 18 Credit rating agency Fitch has
pulled out of the bidding for financial media and data firm
Acuris leaving rival Moody's as one of the strongest
contenders to win the more than $1.30 billion deal, sources told
LONDON Once shunned due to intense public scrutiny and competition from corporate buyers, private equity firms are increasingly targeting listed companies in Europe, shrugging off forecasts of a regional economic slowdown.
LONDON, April 16 Once shunned due to intense
public scrutiny and competition from corporate buyers, private
equity firms are increasingly targeting listed companies in
Europe, shrugging off forecasts of a regional economic slowdown.