Latest News on private equities market

LSE's $27 billion Refinitiv takeover plan lifts its shares to record

LSE's $27 billion Refinitiv takeover plan lifts its shares to record

London Stock Exchange shares rose more than 14% to a record high on Monday after it said it was in talks to buy financial data firm Refinitiv, in a deal worth $27 billion including debt.



7 years ago
Heineken's beer boost offset by higher aluminum costs

Heineken's beer boost offset by higher aluminum costs

Heineken NV on Monday missed estimates for first-half profits, as higher packaging costs offset increased beer sales, but the world's second-largest brewer stuck with its full-year profit growth forecast.



7 years ago
Grab commits $2 billion to Indonesia with SoftBank's backing

Grab commits $2 billion to Indonesia with SoftBank's backing

Southeast Asian ride-hailing firm Grab on Monday said it will invest $2 billion into Indonesia over five years using capital from Japan's SoftBank Group Corp, marking its biggest commitment in the region's most populous market.



7 years ago
Pfizer in talks to transition EpiPen maker into generics spinoff: spokeswoman

Pfizer in talks to transition EpiPen maker into generics spinoff: spokeswoman

Pfizer Inc is in talks to merge its contract manufacturer that produces Mylan's EpiPen emergency allergy treatment into the new generics business it is creating by combining its older off-patent medicines unit with Mylan NV , a Pfizer spokeswoman said.



7 years ago
Brexit worries knock sterling; stocks slip

Brexit worries knock sterling; stocks slip

The British pound touched its lowest against the dollar in over two years after Prime Minister Boris Johnson said a hard divorce from the EU was in the cards, while stocks dipped globally on Monday after last week hitting their highest in five months.



7 years ago
Top EU court rejects BMW appeal against limit on car plant aid

Top EU court rejects BMW appeal against limit on car plant aid

The European Union's top court on Monday rejected an appeal by German carmaker BMW against a European Commission decision to limit the state aid it could receive for a car plant in eastern Germany.



7 years ago
Wall Street eases from record highs as tech drags; Fed meeting eyed

Wall Street eases from record highs as tech drags; Fed meeting eyed

U.S. stocks retreated from record highs on Monday, weighed by technology shares ahead of high profile earnings including that of Apple, which will test the impact of trade tensions on global growth, ahead of the Federal Reserve's policy-setting meeting.



7 years ago
Singapore's Scoot to convert six Airbus orders to larger A321neos, lease 10

Singapore's Scoot to convert six Airbus orders to larger A321neos, lease 10

Singapore Airlines Ltd's budget offshoot Scoot said on Monday it would convert six Airbus SE A320neo orders to the larger A321neo model and lease another 10 A321neos to help meet the airline's growth goals.



7 years ago

JP Morgan downgrades Starbucks after 90% rally: 'Upside from here is limited'

J.P. Morgan lowered its rating on shares of Starbucks to neutral from overweight on Monday.

7 years ago
Exact Sciences to buy Genomic Health for $2.8 billion

Exact Sciences to buy Genomic Health for $2.8 billion

Cancer diagnostics company Exact Sciences Corp said on Monday it will buy healthcare company Genomic Health Inc for about $2.8 billion to bolster its cancer testing business.



7 years ago
Citi combines its stock trading and prime brokerage business

Citi combines its stock trading and prime brokerage business

Citigroup Inc is combining its stock trading business with its prime brokerage unit, which caters to hedge funds, private equity firms and other investors.



7 years ago
Takeaway.com lands $10 billion Just Eat deal in food delivery race

Takeaway.com lands $10 billion Just Eat deal in food delivery race

Amsterdam-based Takeaway.com has agreed to buy Just Eat in an 8.2 billion pound ($10.1 billion) deal to create the world's largest online food delivery firm outside China in a race to rule the $100 billion market.



7 years ago
Oil loses ground on pessimism over U.S.-China trade talks

Oil loses ground on pessimism over U.S.-China trade talks

Oil prices weakened on Monday amid pessimism over U.S.-China trade talks and the prospect of slower economic growth globally that could reduce demand for crude.



7 years ago

UPS downgraded by Stifel: Investments could limit earnings growth next year

Stifel downgraded UPS to hold from buy and maintained its $118 per share price target

7 years ago
Pfizer posts 30% rise in quarterly profit

Pfizer posts 30% rise in quarterly profit

Pfizer Inc on Monday reported a 30% rise in quarterly profit, helped by demand for its branded treatments such as Ibrance, Eliquis and Xeljanz.



7 years ago