Latest News on private equities market

Blackstone to launch tender offer for Japan's Unizo

Private equity firm Blackstone Group said on Tuesday it would launch a tender offer for Japan's Unizo Holding at 5,000 yen ($46) a share, firing back after its earlier bid for the hotel chain was rebuffed.



5 years ago

Volkswagen postpones final decision on Turkey plant: spokesman

Volkswagen has postponed the final decision whether to build a car plant in Turkey, a company spokesman said, amid international criticism of the country's military operation in Syria and concerns about potential reputational fallout.



5 years ago

Global stocks edge higher on Brexit hopes, trade optimism fades

Global stocks edged higher on Tuesday yet safe havens were still in play as markets tried to balance fading optimism over the latest China-U.S. trade truce with the likelihood of a Brexit deal by Thursday's European Union summit.



5 years ago

Citigroup plans to set up wholly-owned securities business in China: sources

Citigroup Inc plans to set up a wholly-owned securities business in China, people with knowledge of the matter said on Tuesday, taking advantage of Beijing's move to fully open up some of its financial sectors to foreigners next year.



5 years ago

Oil prices fall nearly 2% on China data, trade war jitters

Oil prices fell further on Tuesday, after heavy losses in the previous session following two days of weak Chinese data and as investors continued to fret over prospects for a U.S.-China trade deal despite signs of a truce last week.



5 years ago

Keen to develop self-driving cars, Hyundai Motor Group unveils $35 billion investment plan

Hyundai Motor Group said it plans to invest 41 trillion won ($35 billion) in mobility and other auto technologies by 2025, part of which will be directed to an ambitious effort to become more competitive in self-driving cars that has also received government backing.



5 years ago

Former Thomas Cook boss defends record, pay after firm's collapse

The former chief executive of bankrupt travel firm Thomas Cook on Tuesday said he understood public anger over his pay but defended his record, saying he had worked tirelessly to try and save the company.



5 years ago

Blackstone plans to launch tender offer for Japan's Unizo

Private equity firm Blackstone Group said on Tuesday it would launch a tender offer for Japan's Unizo Holdings at 5,000 yen a share, doubling down on its $1.6 billion offer after the proposal was rebuffed by the hotel chain.



5 years ago

Oil prices ease on scant details of U.S.-China trade deal

Oil prices eased on Monday as scant details on the first phase of a trade deal between the United States and China undercut last week's optimism over the thaw that helped to lift crude markets by 2%.



5 years ago

Russian investors eyeing Saudi Aramco listing - wealth fund chief

A number of Russian investors are interested in a planned initial public offering of Saudi Arabian state-owned oil company Saudi Aramco, Kirill Dmitriev, the chief executive officer of Russian sovereign wealth fund RDIF, told reporters on Sunday.



5 years ago

Emirates Airline's Dnata exposure to Thomas Cook 'not a small amount': executive

Emirates Airline President Tim Clark said the group's Dnata unit's exposure to the bankrupt holiday operator Thomas Cook is "not a small amount".



5 years ago

Liberty Global offers to buy 500 million francs of Sunrise shares

Liberty Global has offered to buy up to 500 million Swiss francs ($502.11 million) of newly created Sunrise Communications shares - a move designed to ease through its 6.3 billion franc sale of its Swiss business.



5 years ago

WeWork opens new sites at breakneck speed despite cash-burn concerns

WeWork has opened almost as many new locations in the last 3-1/2 months as it did in the whole first half of this year, likely accelerating the speed with which the office-sharing company is burning through cash as increasingly hard-nosed investors scrutinize its prospects for going public.



5 years ago

Asian shares get trade lift, let down by China data

Asian share markets firmed on Monday as signs of progress in the Sino-U.S. trade standoff whetted risk appetites, though investors remained wary of the damage already done to the global economy.



5 years ago

Founder of Britain's Superdry becomes permanent CEO

Julian Dunkerton, the founder of British fashion group Superdry , has become the firm's permanent chief executive after he won an acrimonious battle for control in April, it said on Monday.



5 years ago