Exclusive: Hedge fund Third Point targets British insurer Prudential – sources
FILE PHOTO: A man walks past a Prudential sign outside offices in the City of London March 27, 2013. REUTERS/Luke…
Blackstone raises offer for Japan’s Unizo, tops Lone Star’s bid
TOKYO (Reuters) – Blackstone Group (BX.N) has raised its proposed offer to buy Japanese hotel chain Unizo Holdings (3258.T) to…
Thyssenkrupp shortlists buyout firms for elevator unit, Kone out
FRANKFURT/DUESSELDORF, Germany (Reuters) – Germany’s Thyssenkrupp (TKAG.DE) has shortlisted two private equity consortia in the sale of its 16 billion…
Factbox: Companies feel impact of coronavirus outbreak in China
(Reuters) – Some companies have warned that a coronavirus outbreak in China that has killed more than 250 people and…
Banks lobby Aramco for incentive fee after slim IPO pickings: sources
DUBAI/LONDON (Reuters) – Global banks who worked on Saudi Aramco’s (2222.SE) record initial public offering are pushing for an additional…
Saudi Aramco tops Crown Prince’s $2 trillion goal as shares surge
DUBAI/RIYADH (Reuters) – Saudi Aramco (2222.SE) topped the $2 trillion target sought by Saudi leader Crown Prince Mohammed bin Salman…
FACTBOX: Saudi Aramco: the oil colossus
DUBAI (Reuters) – State-run oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its…
Saudi Aramco prices shares at top of range in world’s biggest IPO
DUBAI/RIYADH Reuters) – State-owned oil giant Saudi Aramco’s initial public offering (IPO) will be the biggest in history, but will…
After LSE’s sharp rebuff, HKEX begins investor charm offensive
LONDON (Reuters) – Hong Kong Exchanges and Clearing (0388.HK) is embarking on a three-week charm offensive with London Stock Exchange…
Wall St. week ahead: Another recent inversion could provide support for stocks
NEW YORK (Reuters) – A decline in interest rates on long-term U.S. government bonds below the average stock dividend yield…
Roche, Spark again extend $4.3 billion takeover offer
FILE PHOTO: The logo of Swiss drugmaker Roche at its headquarters in Basel, Switzerland, February 1, 2018. REUTERS/Arnd Wiegmann/File Photo…
As U.S. Treasuries sizzle, some bond investors brace for possible sell-off
NEW YORK (Reuters) – While there seems to be no end on the horizon to this year’s dramatic rally in…
Pimco sticks to Danish mortgage-backed covered bonds as returns plunge: Bloomberg
Ticker and trading information for Pacific Investment Management Co. (PIMCo) are displayed on a screen at the New York Stock…
Trade tensions and a weaker yuan drive Chinese crypto demand, market players say
LONDON/NEW YORK (Reuters) – Trade tensions between the United States and China and a weakening yuan are boosting demand for…
Beyond Meat shelves plans for Japan push, Mitsui says
FILE PHOTO: Products from Beyond Meat Inc, the vegan burger maker, are shown for sale at a market in Encinitas,…
Blue Apron beefs up menu with Beyond Meat, shares surge 60%
FILE PHOTO: The logo of Blue Apron is shown on a large sign in front of the New York Stock…
Indivior says Reckitt settlement in U.S. unrelated to its cases
(Reuters) – Drugmaker Indivior Plc said on Thursday its former parent Reckitt Benckiser’s $1.4 billion settlement with authorities in the…
Reckitt to pay $1.4 billion to end U.S. opioid addiction treatment probes
(Reuters) – Reckitt Benckiser has agreed to pay up to $1.4 billion to resolve U.S. claims that its former pharmaceuticals…
Reckitt to pay $1.4 billion to end U.S. opioid addiction treatment probes
(Reuters) – Reckitt Benckiser has agreed to pay up to $1.4 billion to resolve U.S. claims that its former pharmaceuticals…
Potential IPO candidate BioNTech secures $325 million in financing round
FRANKFURT (Reuters) – German biotech firm BioNTech has secured $325 million in a private financing round to boost its cancer…
Shares in big banks climb as Fed approves capital plans
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., June 17,…
Brazil’s Caixa picks Morgan Stanley as co-advisor on insurance deals: source
A view shows the company logo of Caixa Economica Federal bank in downtown Rio de Janeiro August 20, 2014. REUTERS/Pilar…
Starboard gauges Bristol-Myers shareholder support for Celgene deal
(Reuters) – Activist hedge fund Starboard Value LP has asked a proxy solicitor to probe the level of support among…
Slump persists, China fails to stimulate markets hobbled by pledged shares
SHANGHAI (Reuters) – China is struggling to restore confidence in its stock markets, which are being weighed down by a…
Netflix adds to growing debt pile with $2 billion bond issue
(Reuters) – Netflix Inc (NFLX.O) announced on Monday it will tap debt markets for a second time this year, aiming…
Machines take the blame as U.S. stock market sells off
NEW YORK (Reuters) – Investors searching for perpetrators and victims in this week’s U.S. stock market selloff pointed to a…
SEC halts trading in two cryptocurrency products, citing market confusion
NEW YORK (Reuters) – The U.S. Securities and Exchange Commission said on Sunday it was immediately suspending trading in two…
Musk says talking to Saudi fund, others on Tesla buyout
(Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk said on Monday he was in discussions with Saudi Arabia’s sovereign…
Indonesia lobbies U.S. to maintain special tariff treatment
JAKARTA (Reuters) – Indonesia lobbied visiting U.S. Secretary of State Mike Pompeo to keep the Southeast Asian nation on a…
Dell moves to go public, spurns IPO
(Reuters) – Dell Technologies Inc said on Monday it would pay $21.7 billion in to buy back shares tied to…
China’s Xiaomi prices HK IPO at bottom of range, raises $4.72 billion: sources
HONG KONG (Reuters/IFR) – China’s Xiaomi Corp (1810.HK) priced its Hong Kong initial public offering (IPO) at the bottom of…
Diesel fallout is responsibility of carmakers: German minister
BERLIN (Reuters) – German carmakers will have to take responsibility for the fallout from their cheating in diesel cars’ emission…
Canadian exchange operator TMX blames hardware failure for outage
TORONTO (Reuters) – Canada’s largest stock exchange operator said on Saturday that the failure of data storage equipment caused an…