Latest News on private equities market

Tesla to start Powerwall home battery installations in Japan

Tesla to start Powerwall home battery installations in Japan

Tesla Inc will start installing its Powerwall home power storage batteries in Japan next spring, the U.S. electric car and battery maker said on Tuesday, marking the product's debut in Asia.



7 years ago
Blackstone plans to launch tender offer for Japan's Unizo

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.



7 years ago
Google unveils mid-tier Pixelbook Go laptop, wireless earbuds

Google unveils mid-tier Pixelbook Go laptop, wireless earbuds

Alphabet Inc's Google on Tuesday unveiled a mid-tier laptop aimed at users on the go, the first of several big announcements expected at the company's annual hardware launch event.



7 years ago
Unizo shares jump after Blackstone launches tender offer

Unizo shares jump after Blackstone launches tender offer

Shares of Unizo Holdings Co Ltd jumped on Wednesday after U.S. private equity firm Blackstone Group Inc ratcheted up its pursuit of the Japanese hotel operator by launching a 5,000 yen-per-share tender offer.



7 years ago
Unizo says has not decided how to respond to Blackstone offer

Unizo says has not decided how to respond to Blackstone offer

Japanese hotel operator Unizo Holdings said on Wednesday it had not decided how to respond to a tender offer launched by private equity firm Blackstone Group and would consult with a special committee on how to proceed.



7 years ago
Asian shares cheered by Brexit deal hopes, sterling shines

Asian shares cheered by Brexit deal hopes, sterling shines

Asian shares took off on Wednesday and sterling held near six-month highs as Britain and the EU made headway on a Brexit deal ahead of a leaders' summit though it remained unclear if London could avoid postponing its scheduled departure on Oct. 31.



7 years ago
Google, Reddit defend tech legal protections ahead of Congress hearing

Google, Reddit defend tech legal protections ahead of Congress hearing

A 23-year-old law giving technology companies legal protection from lawsuits over user-generated content remains critical to the internet's future, Alphabet Inc's Google unit and social media site Reddit Inc said in testimony released on Tuesday.



7 years ago
Alitalia gets qualified thumbs-up from Atlantia, state railways

Alitalia gets qualified thumbs-up from Atlantia, state railways

Italian loss-making airline Alitalia won a commitment from toll-road operator Atlantia and state railways Ferrovie dello Stato (FS) on Tuesday to come to its rescue provided a number of conditions were met.



7 years ago
MGM to sell Bellagio, Circus Circus resorts for about $5 billion

MGM to sell Bellagio, Circus Circus resorts for about $5 billion

MGM Resorts International said on Tuesday it would sell its Bellagio and Circus Circus resorts in Las Vegas in separate deals valued at about $5 billion, as the U.S. casino operator seeks to monetize its real estate assets and bolster its balance sheet.



7 years ago
Buffett's Berkshire seeks Fed leeway to boost BofA bet: Fed

Buffett's Berkshire seeks Fed leeway to boost BofA bet: Fed

Warren Buffett's Berkshire Hathaway Inc is seeking permission from the Federal Reserve to boost its stake in Bank of America Corp above the 10% level, according to an application document provided by the Fed on Tuesday.



7 years ago
Wells Fargo reports falling profit as legal costs mount

Wells Fargo reports falling profit as legal costs mount

Wells Fargo & Co reported lower profits on Tuesday as the bank braced for additional legal expenses tied to a scandal that erupted more than three years ago.



7 years ago
U.S. prosecutors accuse Turkey's Halkbank of scheme to evade Iran sanctions

U.S. prosecutors accuse Turkey's Halkbank of scheme to evade Iran sanctions

Federal prosecutors in New York on Tuesday charged Turkey's Halkbank with taking part in a multibillion-dollar scheme to evade U.S. sanctions against Iran.



7 years ago
MGM Resorts to sell Bellagio, Circus Circus assets for about $5 billion

MGM Resorts to sell Bellagio, Circus Circus assets for about $5 billion

MGM Resorts International said on Tuesday it would sell its Bellagio and Circus Circus resorts in Las Vegas in separate deals valued at about $5 billion, as the casino operator adopts an asset-light strategy to bolster its balance sheet.



7 years ago
Nevada gaming regulators seek ban on Steve Wynn from state's casino industry

Nevada gaming regulators seek ban on Steve Wynn from state's casino industry

Nevada gaming regulators are seeking a ban on former Wynn Resorts Ltd chief Steve Wynn from the state's casino industry, citing allegations of sexual misconduct that emerged a year ago, a regulatory filling showed.



7 years ago
Some brokers game the system to scrub complaints from their records, report claims

Some brokers game the system to scrub complaints from their records, report claims

A new report from an investor advocacy group claims that some brokers and brokerages are abusing the regulatory system to erase customer complaints against them.

7 years ago