Catherine Badour
Royal Dutch Shell Plc (RDSa.L) and U.S. private equity firm Blackstone Group LP (BX.N) are working on a joint $10 billion bid for BHP Billiton Plc’s (BLT.L) U.S. shale assets, Sky News said on Thursday.
Rent-A-Center Inc is in active talks with multiple parties for a possible buyout, the rent-to-own furniture retailer said on Wednesday, while also announcing 250 layoffs at its Plano, Texas headquarters, Reuters reported.
J.M. Smucker Co (SJM.N) is considering a sale of its baking brands, including Pillsbury, Bloomberg reported on Thursday, citing people familiar with the matter.
Vrio Corp, AT&T Inc’s (T.N) DirecTV business in Latin America, on Wednesday filed with the U.S. Securities and Exchange Commission for an initial public offering of as much as $100 million, Reuters reported.
Private equity firm Advent has hired Goldman Sachs (GS.N) and Rothschild (ROTH.PA) to sell Dutch conveyor belt company Ammeraal Beltech in a process expected to begin around the end of this month, sources told Reuters.
Healthcare data analytics company Inovalon Holdings Inc (INOV.O) said on Wednesday it will acquire Ability Network, a provider of information technology, in a deal valued at $1.2 billion.
Embattled private equity firm Abraaj has begun freeing large investors from millions of dollars in capital commitments after deciding to suspend its new fund, Reuters is reporting.
After months of patience and private lobbying, the U.S. investment bank has decided it can no longer wait for clarity from lawmakers on how its business might be impacted by Britain’s imminent exit from the trading bloc and is taking the steps to minimize disruption to clients, Reuters reported.
BlackRock (BLK.N), George Soros and big sovereign wealth funds are among investors expressing interest in buying stakes in the initial public offering of Deutsche Bank’s (DBKGn.DE) asset management arm, Reuters reported.
Banks have lined up a £1.75bn-equivalent leveraged loan financing backing Motor Fuel Group’s (MFG) £1.2bn acquisition of MRH, the UK’s largest petrol station and convenience retail operator, Reuters reported.