Latest News on private equities market

Italy's UniCredit says Mustier to stay on as CEO

Italy's biggest bank UniCredit said on Monday Chief Executive Jean Pierre Mustier had confirmed he would remain in his role, following media reports that he was being considered for the top job at rival HSBC .



5 years ago

Primark owner warns coronavirus threatens clothing supplies

Primark owner Associated British Foods warned on Monday there was a risk of supply shortages on some lines later in the 2019-20 financial year if delays in factory production in China are prolonged due to coronavirus.



5 years ago

Some Samsung, Hyundai workers self-quarantine as Korea Inc braces for virus impact

Some South Korean workers at Samsung Electronics and Hyundai Motor are staying home as a precautionary measure as corporate Korea scrambles to prevent the coronavirus outbreak from causing widespread disruption in its home market.



5 years ago

Mastercard to add 1,500 technology jobs in Ireland

Mastercard Inc plans to hire 1,500 more staff at its global technology hub in Dublin over the next three to five years, more than trebling the size of its workforce in Ireland's first major multinational jobs announcement of 2020.



5 years ago

Goldman Sachs pleads not guilty in Malaysia over 1MDB bond sales: state media

Three units of Goldman Sachs pleaded not guilty to charges of misleading investors regarding $6.5 billion in bond sales that the U.S. investment bank helped raise for state fund 1Malaysia Development Berhad (1MDB), Bernama state news agency reported on Monday.



5 years ago

Large parts of China ease coronavirus curbs, many report no new cases

Urged to restore economic activity by President Xi Jinping, large parts of China relaxed curbs on transport and travel on Monday as reported new cases of coronavirus outside the worst-hit province fell to the lowest in a month.



5 years ago

Blackstone says to raise its offer for Unizo to 6,000 yen per share

U.S. private equity Blackstone Group said on Monday it would raise its proposed offer price to buy Japan's hotel chain Unizo Holdings to 6,000 yen ($53.78) per share, topping a bid by U.S. investment fund Lone Star.



5 years ago

Exclusive: Germany's Stada buys 15 GSK consumer health brands

Private equity-backed generic drugmaker Stada said it has agreed to buy 15 consumer healthcare products from British drugmaker GlaxoSmithKline to further strengthen its prescription-free drugs business in Europe.



5 years ago

Exclusive: U.S. sees no material impact from virus on U.S.-China trade deal - for now

U.S. Treasury Secretary Steven Mnuchin told Reuters he does not expect the coronavirus outbreak to have a material impact on the Phase 1 U.S.-China trade deal, although that could change as more data becomes available in coming weeks.



5 years ago

Blackstone raises offer for Japan's Unizo, tops Lone Star's bid

Blackstone Group has raised its proposed offer to buy Japanese hotel chain Unizo Holdings to 6,000 yen ($53.78) from 5,600 yen per share, the U.S. private equity firm said on Monday, topping a bid by U.S. investment fund Lone Star.



5 years ago

'Our currency, your problem': all over again

The dollar juggernaut rolls on. The U.S. currency <=USD> has rocketed to a near three-year high versus the euro, a 10-month high against the yen and an 11-year peak versus the Aussie. This month alone it's added 2.5% against six currency peers. Economic indicators are reinforcing the U.S growth engine's outperformance. The United States has the highest bond yields among developed nations and its companies keep beating earnings forecasts. It's relative resilience to coronavirus damage m



5 years ago

Coronavirus spreads, investors scurry for safety

Global share markets and oil fell on Monday, safe-haven gold surged and U.S. Treasury yields reached their lowest since mid- 2016, as coronavirus cases spread outside China, darkening the outlook for world growth.



5 years ago

Oil prices slide over 3% on demand concerns as virus spreads

Oil prices tumbled by more than 3% on Monday, as the rapid spread of a coronavirus in several countries outside China left investors concerned about a hit to demand.



5 years ago

United Technologies, Raytheon offer EU concessions over $120 billion merger deal

United Technologies Corp and Raytheon Co have offered concessions to address EU antitrust concerns about their plan to create a $120 billion U.S. aerospace and defense giant, a filing on the European Commission website showed on Monday.



5 years ago

SoftBank leads $165 million capital boost for liquid biopsy firm Karius

SoftBank's second Vision Fund has led a new $165 million funding round in California-based Karius, which markets a test that can quickly detect hard to diagnose infections through a simple taking of blood, the start-up said on Monday.



5 years ago