Catherine Badour
Czech investment group KKCG said on Friday it had submitted a bid to buy all Czech assets of German energy firm Innogy (IGY.DE).
Louis Dreyfus Company [AKIRAU.UL] said on Friday it had completed the sale of its metals business to a Chinese investment fund for $466 million, as part of a push to revive profits by focusing on its core agricultural markets.
Hong Kong-based fund Jeneration Capital Management said on Tuesday that Jason Tan, formerly a global partner at investment firm Tiger Global Management LLC, has joined as partner and chief investment officer.
The initial public offering of Chinese game-streaming platform Huya Inc on the New York Stock Exchange was priced at $12 per share, a source told Reuters, at the upper-end of the indicated price range.
Royal Bank of Canada is providing the £1.07bn financing backing private equity firm Silver Lake’s £2.2bn acquisition of ZPG (ZPG.L), owner of online property platforms Zoopla and PrimeLocation, Reuters reported.
Silver Lake is buying Zoopla and PrimeLocation owner ZPG (ZPG.L) for 2.2 billion pounds ($3 billion), landing the Daily Mail publishing group a 642 million pound windfall for cashing out of online property portals, Reuters reported.
Asmodee Group, the French maker of board game Catan and distributor of Pokemon cards in parts of Europe, is exploring a sale that could value it at more than 1.5 billion euros ($1.7 billion), sources told Reuters.
Buyout firm Advent International Corp has hired Morgan Stanley to sell its stake in the loyalty program of airline Avianca Holdings SA, sources told Reuters.
French insurer AXA SA’s (AXAF.PA) initial public offering (IPO) of its U.S. division raised $2.75 billion on Wednesday by pricing at $20 per share, below its targeted range of $24-$27 per share, the company said.
Property manager Azora Altus (AZRA.MC) is dropping its planned market debut and postponing a listing on the Spanish stock exchange amid uncertainty arising from Blackstone’s (BX.N) bid for its Hispania (HIS.MC) real-estate business, Reuters reported.