Catherine Badour
Cerberus [CBS.UL] has taken a 3 percent stake in Deutsche Bank (DBKGn.DE), Germany’s flagship lender said on Wednesday, making the U.S. buyout fund the fourth-largest shareholder after China’s HNA group, Qatar and money manager Blackrock (BLK.N).
Airbus (AIR.PA) landed a deal for a record 430 of its A320neo-family jets on Wednesday as U.S. investor Bill Franke raised his bet on budget airlines, Reuters reported.
France’s Sodexo (EXHO.PA) is buying Centerplate, a U.S. company that provides food and hospitality services at sports, convention and entertainment venues, for $675 million in cash to raise its profile in the U.S. sports and leisure market, Reuters reported.
Connecticut’s highest court is set to hear arguments on Tuesday in a closely watched case brought by the families of the victims of the 2012 Sandy Hook Elementary School shooting against the maker of the assault rifle used by the killer, Reuters reported.
Restaurant chain Buffalo Wild Wings Inc (BWLD.O) has received a takeover bid valued at more than $2.3 billion from private equity firm Roark Capital Group, the Wall Street Journal reported on Monday, citing people familiar with the matter.
British car insurance underwriter Sabre will seek to raise around 213 million pounds ($279.22 million) in an initial public offering in London next month, the company said on Monday.
Lighthouse Investment Partners LLC and Rothschild HDF Investment Solutions, a unit of Rothschild Asset Management Europe, have entered a strategic alliance to boost Rothschild’s alternative investment business, Reuters reported.
French agricultural group InVivo has agreed to buy gardening chain Jardiland to strengthen its position in a sector drawing competitors from do-it-yourself stores to internet distributors, Reuters reported.
General Electric Co’s (GE.N) Chief Executive John Flannery plans to disclose a road map for the company on Monday that will focus on three of its biggest business lines - aviation, power and healthcare, the Wall Street Journal reported, citing a person familiar with the matter.
Banks have launched syndication of a €2.36bn-equivalent leveraged loan financing backing US private equity firm Hellman & Friedman’s DKr33.1bn (US$5.3bn) take-private of payments firm Nets, Reuters reported.