Latest News on private equities market

Saudi Aramco delays planned IPO until after earnings update: sources

Saudi Aramco delays planned IPO until after earnings update: sources

Saudi Aramco has delayed the planned launch of its initial public offering in hopes that pending third-quarter results will bolster investor confidence in the world's largest oil firm, two sources familiar with the matter said on Thursday.



6 years ago
Unilever suffers dip in emerging markets sales growth

Unilever suffers dip in emerging markets sales growth

A slowdown in India and China put a brake on Unilever's quarterly sales growth, highlighting the challenges facing Chief Executive Alan Jope as he tries to boost the consumer goods giant's business in emerging markets.



6 years ago
WH Smith to buy Marshall Retail for $400 million in U.S. airports push

WH Smith to buy Marshall Retail for $400 million in U.S. airports push

British retailer WH Smith Plc made its second major foray into U.S. airports on Thursday with a $400 million purchase of Marshall Retail Group, expanding in a fast-growing segment and sending its shares up 5%.



6 years ago
What makes Japanese hotelier Unizo attractive for Blackstone and Elliott?

What makes Japanese hotelier Unizo attractive for Blackstone and Elliott?

Little-known hotelier Unizo Holdings Co Ltd has found itself the center of private equity attention, with global names vying for the opportunity to buy into Japan's property market on the cheap.



6 years ago
Elliott pushes Japan's Unizo to accept $1.6 billion Blackstone bid

Elliott pushes Japan's Unizo to accept $1.6 billion Blackstone bid

Unizo Holdings' top shareholder Elliott Management pushed the Japan hotel operator to accept a $1.6 billion tender offer from Blackstone Group , warning it would take "all available measures" if it fails to do its "fiduciary duty".



6 years ago
China says it hopes to reach phased trade pact with U.S. as soon as possible

China says it hopes to reach phased trade pact with U.S. as soon as possible

China hopes to reach a phased agreement in a protracted trade dispute with the United States and cancel tariffs as soon as possible, the Commerce Ministry said on Thursday, adding that trade wars had no winners.



6 years ago
Brexit snags stall sterling rally, stocks drift lower

Brexit snags stall sterling rally, stocks drift lower

Sterling faltered on Thursday and Europe's main stock markets went in and out of the red as hopes for a smooth Brexit ran into familiar Irish border snags.



6 years ago
'Not the best owners': UK's Domino's to exit foreign markets

'Not the best owners': UK's Domino's to exit foreign markets

Domino's Pizza Group Plc , Britain's biggest pizza delivery company, on Thursday said it would quit its loss-making international operations, sending shares higher in early trade.



6 years ago
China says hopes to reach phased trade pact with U.S. as early as possible

China says hopes to reach phased trade pact with U.S. as early as possible

China's commerce ministry said on Thursday that China hoped to reach a phased agreement with the United States over trade as early as possible, and make progress on cancelling tariffs on each others' goods.



6 years ago
Unizo top shareholder warns board to consider Blackstone offer

Unizo top shareholder warns board to consider Blackstone offer

Unizo Holdings' top shareholder urged the hotelier on Thursday to consider "in good faith" Blackstone Group's proposed $1.6 billion tender offer, warning it would consider measures if the board fails to act in accordance with its duty.



6 years ago
Ericsson earnings top forecast as 5G takes off

Ericsson earnings top forecast as 5G takes off

Telecoms equipment maker Ericsson beat quarterly core earnings expectations on Thursday and lifted its market forecast for this year and its sales target for 2020, saying demand for superfast 5G networks was taking off earlier than expected.



6 years ago
Pernod Ricard mulls price hikes in U.S. post tariffs

Pernod Ricard mulls price hikes in U.S. post tariffs

The boss of Pernod Ricard said on Thursday that trade tariffs that will apply to single malt Scotch and Spanish wine from Oct. 18 will have a "significant" impact on Pernod Ricard in the United States.



6 years ago
In wake of Delta deal, Qatar Airways says could consider raising LATAM stake

In wake of Delta deal, Qatar Airways says could consider raising LATAM stake

Qatar Airways CEO Akbar al-Baker said his airline would consider lifting its 10% stake in LATAM Airlines Group SA if the opportunity came up - comments which come after Delta Air Lines Inc agreed last month to buy 20% of the Chilean carrier.



6 years ago
WH Smith to buy Marshall Retail for $400 million in U.S. push

WH Smith to buy Marshall Retail for $400 million in U.S. push

British retailer WH Smith Plc said on Thursday it will buy Marshall Retail Group for about $400 million, betting that the American peer's network of stores at U.S. airports will help boost profits soured by turmoil on the British high street.



6 years ago
Tesla gets approval to start manufacturing in China

Tesla gets approval to start manufacturing in China

Tesla Inc was added to a government list of approved automotive manufacturers, China's industry ministry said on Thursday, as it granted the electric-vehicle maker a certificate it needs to start production in the country.



6 years ago