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Tencent to take China's Sogou private in $3.5 billion deal - Reuters UK

Sogou Inc said on Tuesday it would be taken private by shareholder Tencent Holdings Ltd for $9 per share in cash, valuing the Chinese web search firm at about $3.5 billion.

private equity - Reuters
4:55am PDT - September 29th, 2020

Advent raises $2 billion fund for Latin American company bets - Reuters India

U.S. private equity firm Advent International has raised a $2 billion fund to invest in Latin American companies, it said on Tuesday, its seventh focused on the region, hoping to target assets made cheaper by depreciation in local currencies.

private equity - Reuters
3:06am PDT - September 29th, 2020

Advent raises $2 billion fund for Latin American company bets - Reuters

U.S. private equity firm Advent International has raised a $2 billion fund to invest in Latin American companies, it said on Tuesday, its seventh focused on the region, hoping to target assets made cheaper by depreciation in local currencies.

private equity - Reuters
3:04am PDT - September 29th, 2020

Mercuria sets up U.S. renewables fund with private equity partners: CEO - Reuters India

Global energy trader Mercuria has teamed up with two private equity firms to set up a renewable energy fund in the United States, its chief executive told the FT Global Commodities Summit.

private equity - Reuters
1:41am PDT - September 29th, 2020

Mercuria to allocate 50% of new investments to renewable energy: CEO - Reuters UK

Global energy trader Mercuria has teamed up with two private equity firms to set up a renewable energy fund in the United States, its chief executive told the FT Global Commodities Summit.

private equity - Reuters
1:41am PDT - September 29th, 2020

Battery maker Northvolt raises $600 million in private placement - Reuters

Swedish lithium-ion battery maker Northvolt is raising $600 million in fresh equity through a private placement with Volkswagen , Baillie Gifford, Goldman Sachs and Spotify founder Daniel Ek among the investors, it said on Tuesday.

private equity - Reuters
1:14am PDT - September 29th, 2020

Walmart picks EG Group founders, TDR Capital as winning Asda bidders: Sky News - Reuters India

Walmart Inc has selected the founders of UK petrol station operator EG Group and private equity firm TDR Capital as the preferred bidders for its Asda supermarket chain, valued at 6.5 billion pounds ($8.39 billion), Sky News reported on Monday.

private equity - Reuters
4:27am PDT - September 28th, 2020

Walmart picks EG Group founders, TDR Capital as winning Asda bidders: Sky News - Reuters

Walmart Inc has selected the founders of UK petrol station operator EG Group and private equity firm TDR Capital as the preferred bidders for its Asda supermarket chain, valued at 6.5 billion pounds ($8.39 billion), Sky News reported on Monday.

private equity - Reuters
4:25am PDT - September 28th, 2020

Walmart picks EG Group founders, TDR Capital as preferred Asda bidders: Sky News - Reuters

Walmart Inc has picked the founders of UK petrol station operator EG Group and private equity firm TDR Capital as preferred bidders for Asda, valuing the British supermarket chain at more than 6.5 billion pounds ($8.39 billion), Sky News reported on Monday.

private equity - Reuters
4:25am PDT - September 28th, 2020

Walmart picks EG Group founders, TDR Capital as winning Asda bidders: Sky News - Reuters

Walmart Inc has picked the founders of UK petrol station operator EG Group and private equity firm TDR Capital as preferred bidders for Asda, valuing the British supermarket chain at more than 6.5 billion pounds ($8.39 billion), Sky News reported on M…

private equity - Reuters
4:25am PDT - September 28th, 2020

Denmark's Chr Hansen to sell food colouring unit to Sweden's EQT - Reuters India

Danish ingredients maker Chr Hansen Holding A/S said on Saturday it would sell its food colouring business to Swedish private equity firm EQT for 800 million euros ($930.40 million).

private equity - Reuters
9:48pm PDT - September 25th, 2020

William Hill shares surge 20% on report of Apollo bid approach - Reuters UK

Shares in William Hill surged over 20% on Friday after a news report by Bloomberg said the UK bookmaker had been approached by private equity firm Apollo Global Management for a potential acquisition.

private equity - Reuters
5:09am PDT - September 25th, 2020

Former Sidley private equity chiefs take London team to Goodwin Procter - Reuters

Goodwin Procter has poached a five-lawyer team from Sidley Austin, including two former high-ranking partners in Sidley's private equity practice.

private equity - Reuters
1:49pm PDT - September 24th, 2020

Allianz-led consortium in advanced talks to take on Aviva's French arm: sources - Reuters

A consortium of German insurer Allianz and private equity-backed life insurer Athora Holding is in advanced talks to take on Aviva's French operations in a deal worth 2 billion to 3 billion euros ($3.49 billion), sources close to the matter s…

private equity - Reuters
8:44am PDT - September 24th, 2020

WeWork sells majority stake in Chinese entity, seeks localization

Four years after its foray into the Chinese market followed by rapid and cash-hemorrhaging expansion, WeWork decided to wind down its involvement in the country. WeWork’s Chinese unit has secured a $200 million investment led by Shanghai-based equity firm Tru…

private equity - TechCrunch
10:44pm PDT - September 23rd, 2020

WeWork sells control of China unit; says unit got $200 million in funding - Reuters Canada

U.S. office-sharing firm WeWork on Thursday said it will sell control of its China division to one of its investors - private equity firm Trustbridge Partners - as it steps back from a competitive market where it has suffered low-occupancy rates.

private equity - Reuters
9:41pm PDT - September 23rd, 2020

WeWork sells control of China unit; says unit got $200 million in funding - Reuters UK

U.S. office-sharing firm WeWork on Thursday said it will sell control of its China division to one of its investors - private equity firm Trustbridge Partners - as it steps back from a competitive market where it has suffered low-occupancy rates.

private equity - Reuters
8:36pm PDT - September 23rd, 2020

World Bank's IFC adopts new climate rules to deter lenders from backing coal - Reuters

The World Bank's private-sector arm has introduced new climate change conditions for its investments in commercial banks to encourage the lenders to wind down support for coal projects in Africa and Asia.

private equity - Reuters
7:17pm PDT - September 23rd, 2020

World Bank's IFC adopts new climate rules to deter lenders from backing coal - Reuters India

The World Bank's private-sector arm has introduced new climate change conditions for its investments in commercial banks to encourage the lenders to wind down support for coal projects in Africa and Asia.

private equity - Reuters
7:16pm PDT - September 23rd, 2020

World Bank's IFC adopts new climate rules to deter lenders from backing coal - Reuters UK

The World Bank's private-sector arm has introduced new climate change conditions for its investments in commercial banks to encourage the lenders to wind down support for coal projects in Africa and Asia.

private equity - Reuters
2:09pm PDT - September 23rd, 2020

World Bank's IFC adopts new climate rules to deter lenders from backing coal - Reuters.com

The World Bank's private-sector arm has introduced new climate change conditions for its investments in commercial banks to encourage the lenders to wind down support for coal projects in Africa and Asia.

private equity - Reuters
2:06pm PDT - September 23rd, 2020

Swedish private equity firm EQT to sell U.S-based Synagro - Reuters

Swedish private equity group EQT said on Wednesday it has agreed to sell waste management company Synagro to West Street Infrastructure Partners III, an investment fund managed by Goldman Sachs.

private equity - Reuters
7:27am PDT - September 23rd, 2020

India's Reliance says KKR to invest $755.1 mln in retail arm - Reuters

U.S. private equity firm KKR & Co Inc will invest 55.50 billion rupees ($755.09 million) in Reliance Industries Ltd's retail arm, giving the unit a pre-money valuation of 4.21 trillion rupees, the Indian conglomerate said on Wednesday.

private equity - Reuters
7:49pm PDT - September 22nd, 2020

EXCLUSIVE-Hong Kong-listed semiconductor maker ASM Pacific plans to go private - sources - Reuters

Hong Kong-listed semiconductor equipment manufacturer ASM Pacific Technology Ltd <0522.HK> is in talks with potential investors to help take it private, people with direct knowledge of the matter told Reuters.

private equity - Reuters
9:51pm PDT - September 21st, 2020

SoftBank, General Atlantic invest $107 million in Brazil's Acesso Digital - Reuters India

U.S. private equity firm General Atlantic LLC and Japan's SoftBank Group Corp <9984.T> are leading a 580 million reais ($107.25 million) funding round in Brazilian facial biometrics and digital admission company Acesso Digital, it said in a statement on Monda…

private equity - Reuters
12:52pm PDT - September 21st, 2020