Latest News on private equities market

Mattel rejects renewed merger bid from rival MGA Entertainment

Toymaker Mattel Inc last week rejected another merger offer from Bratz doll maker MGA Entertainment Inc, MGA's chief executive officer, Isaac Larian, said on Tuesday.



5 years ago

Proxy adviser lobs rare rebuke against Nissan CEO Saikawa

A leading proxy advisory firm has urged Nissan shareholders to vote against the reappointment of its chief executive as a director, heaping more pressure on Hiroto Saikawa as he struggles to find accord with alliance partner Renault.



5 years ago

Proxy advisers lob rare rebuke against Nissan CEO Saikawa

Two leading proxy advisory firms have urged Nissan shareholders to vote against reappointing its chief executive as a director, heaping more pressure on Hiroto Saikawa as he struggles to find accord with alliance partner Renault.



5 years ago

Asia shares drift lower, wait on U.S. inflation

Asian share markets took a step back on Wednesday as the White House took a tough line on trade talks with China, while a looming reading on U.S. inflation could shuffle the odds for an early cut in interest rates there.



5 years ago

KKR offers 63 euros per share to buy out Axel Springer minorities

Funds controlled by U.S. private equity investor KKR on Wednesday offered 63 euros a share to buy out minority shareholders in Axel Springer in a deal agreed with the German publisher's main shareholders.



5 years ago

Dassault Systemes to buy Medidata Solutions in $5.8 billion deal

French technology company Dassault Systemes said it had agreed to buy Medidata Solutions, a U.S. software company dealing in the sphere of clinical trials, in a deal worth $5.8 billion on an enterprise value basis.



5 years ago

ABB names ex-GE exec Maryrose Sylvester to lead U.S. business

ABB has appointed industrial and software specialist Maryrose Sylvester as the new head of its U.S. business, the Swiss engineering company said on Wednesday, replacing company veteran Greg Scheu, who is due to retire.



5 years ago

Reckitt names Pepsico executive Laxman Narasimhan CEO

British consumer goods giant Reckitt Benckiser on Wednesday named PepsiCo executive Laxman Narasimhan to succeed Rakesh Kapoor as chief executive officer.



5 years ago

Asia shares turn wary, U.S. inflation next hurdle

Asian share markets were in a defensive crouch on Wednesday as the White House took a tough line on trade talks with China, while a looming reading on U.S. inflation could scramble the odds for an early cut in interest rates there.



5 years ago

Iran scrambles to lift petrochemical sales as sanctions hammer oil

Iran has been racing to step up exports of petrochemicals and tap new markets to compensate for sliding oil sales, Iranian and international industry sources said, but now risks losing that crucial revenue as Washington tightens the screw on sanctions.



5 years ago

China's CATL, Ant Financial and Hellobike set up e-bike battery firm

China's Contemporary Amperex Technology Co Ltd (CATL), Ant Financial Services and Hellobike said on Wednesday they will invest 1 billion yuan ($144.60 million) to establish a electric bicycle battery joint venture.



5 years ago

Norway fund may have to offload $1 billion stake in Glencore in shift away from coal

Norway's $1 trillion sovereign wealth fund may have to sell its $1 billion stake in commodities giant Glencore, among other companies that derive more than 30 percent of their revenue from coal, to meet proposed tighter ethical investing rules.



5 years ago

KKR offers 40% premium to buy out Axel Springer minorities

Funds controlled by U.S. private equity investor KKR on Wednesday offered 63 euros a share to buy out minority shareholders in Axel Springer in a deal agreed with the German publisher's main shareholders.



5 years ago

Reckitt picks PepsiCo executive as next CEO

British consumer goods giant Reckitt Benckiser on Wednesday named PepsiCo executive Laxman Narasimhan as its next chief executive officer, to succeed Rakesh Kapoor.



5 years ago

BAT sees further growth in vaping, e-cigarette products this year

British American Tobacco, the world's No. 2 tobacco company, on Wednesday forecast sales of vaping and e-cigarette products to accelerate in the second half of the year and announced plans to consolidate the business into fewer brands.



5 years ago