Latest News on private equities market

Tesla in advanced talks with LG Chem on battery supply in China: source

Tesla in advanced talks with LG Chem on battery supply in China: source

U.S. electric vehicle maker Tesla Inc is in advanced talks with South Korea's LG Chem Ltd to source batteries for vehicles to be made in its Shanghai plant, a person familiar with the matter said.



7 years ago
Deutsche Bank to transfer up to 800 to BNP in prime brokerage deal: source

Deutsche Bank to transfer up to 800 to BNP in prime brokerage deal: source

A deal in the works for BNP Paribas to assume the prime brokerage operations of Deutsche Bank will involve the transfer of up to 800 people, a person with knowledge of the matter said on Friday.



7 years ago
Thyssenkrupp, Kloeckner in talks over co-operation in materials trading: sources

Thyssenkrupp, Kloeckner in talks over co-operation in materials trading: sources

Thyssenkrupp is in talks with Kloeckner & Co over future cooperation in materials trading, but is not exploring a near-term takeover of the metals firm, three people familiar with the matter said.



7 years ago
Shares in Peppa Pig owner rise past Hasbro offer

Shares in Peppa Pig owner rise past Hasbro offer

Peppa Pig-owner Entertainment One's shares rose more than 30% to a record high on Friday, surpassing the price agreed by the company's board with U.S. toy maker Hasbro Inc in a sign that investors see some chance of a counter offer.



7 years ago
Major fashion companies to make G7 pledge to help environment

Major fashion companies to make G7 pledge to help environment

Major fashion companies from around the world said on Friday they had signed a pact which they would present at this week's G7 summit to help protect the environment.



7 years ago
Deutsche Bank to transfer up to 800 people to BNP in prime brokerage deal: source

Deutsche Bank to transfer up to 800 people to BNP in prime brokerage deal: source

A deal in the works for BNP Paribas to assume the prime brokerage operations of Deutsche Bank will involve the transfer of up to 800 people, a person with knowledge of the matter said on Friday.



7 years ago
Huawei says 'fully prepared' to deal with U.S. restrictions

Huawei says 'fully prepared' to deal with U.S. restrictions

Huawei Technologies said on Friday it is "fully prepared" to live and work with U.S. trade restrictions, and there is no impact to its business from Washington's decision this week to extend a reprieve allowing it to buy supplies from U.S. firms.



7 years ago
UBS taps BoE adviser van Steenis for sustainable finance, IR roles

UBS taps BoE adviser van Steenis for sustainable finance, IR roles

UBS Group has hired Huw van Steenis, a former senior adviser to Bank of England Governor Mark Carney, to head investor relations and a new sustainable finance committee at Switzerland's largest bank, it said on Friday.



7 years ago
Shares in Peppa Pig owner jump 30% after Hasbro's $4 billion offer

Shares in Peppa Pig owner jump 30% after Hasbro's $4 billion offer

Shares of Entertainment One rose nearly 30% on Friday, a day after U.S. toy maker Hasbro Inc offered to buy the owner of popular children's television show "Peppa Pig" for about $4 billion in cash.



7 years ago
Bang & Olufsen would listen if approached by buyer: chairman

Bang & Olufsen would listen if approached by buyer: chairman

Luxury TV and speaker maker Bang & Olufsen would listen if approached by a buyer, chairman Ole Andersen told newspaper Borsen, following three earnings warnings this year.



7 years ago
UK competition watchdog reprimands RBS, Santander over PPI procedures

UK competition watchdog reprimands RBS, Santander over PPI procedures

Britain's competition watchdog has ordered Royal Bank of Scotland and Santander to appoint auditors to check how they remind customers affected by payment protection insurance (PPI) mis-selling.



7 years ago
Tesla to buy batteries from South Korea's LG Chem: Bloomberg

Tesla to buy batteries from South Korea's LG Chem: Bloomberg

Tesla Inc has agreed to buy batteries from South Korea's LG Chem Ltd for electric vehicles manufactured in China, Bloomberg reported on Friday citing people familiar with the matter.



7 years ago
Protest fears stalk Hong Kong businesses as China threat looms

Protest fears stalk Hong Kong businesses as China threat looms

Walking a tightrope between anti-government protests and political masters in Beijing, many Hong Kong firms are opting to toe the Communist Party line to avoid potential repercussions having seen what happened at Cathay Pacific Airways.



7 years ago
Volkswagen CEO wants a stake in Tesla: Manager Magazin

Volkswagen CEO wants a stake in Tesla: Manager Magazin

Volkswagen CEO Herbert Diess wants to take a stake in Tesla to access the U.S. company's software and batteries technology, German business publication Manager Magazin reported on Thursday.



7 years ago
As U.S. watchdog retreats, mortgage firms reprise cozy marketing arrangements

As U.S. watchdog retreats, mortgage firms reprise cozy marketing arrangements

U.S. mortgage firms are getting back into joint marketing and advertising arrangements, reviving a controversial practice that was effectively banned in the aftermath of the 2007-2008 subprime mortgage crisis.



7 years ago