- Telx Group Inc, a private equity-owned provider of data centers and network solutions to companies, is exploring a sale that could value it at around $2 billion, including debt, according to people familiar with the matter.
MILAN - Italian refiner Saras and Russian energy giant Rosneft have called off plans to set up a trading joint venture, Saras Managing Director Dario Scaffardi said on Tuesday.
- Document and data storage services company Iron Mountain Inc said it will buy Australia-listed data protection services provider Recall Holdings Ltd for about $2.2 billion in cash and stock.
Mon, Apr 27 2015
(This version of the April 24th story corrects name of Nutanix investor SAP Ventures to its new name, Sapphire Ventures in final paragraph)
STOCKHOLM - Swedish Orphan Biovitrum, which specializes in selling medicines for rare diseases, said it had received a preliminary proposal for a bid on the firm, the latest company to be sucked into a whirl of deal-making in the healthcare sector.
Sun, Apr 26 2015
MILAN - At least five investment banks are vying to win a mandate from Banca Popolare di Milano (BPM) and find it a partner as Italian cooperative lenders gear up for a wave of mergers following a landmark reform of the sector.
MUMBAI - Ratan Tata, chairman emeritus of the holding company of India's Tata conglomerate, has acquired a stake in Xiaomi Technology [XTC.UL], a deal that is likely to bolster the Chinese phone maker's presence in the world's third-largest smartphone market.
Fri, Apr 24 2015
- SunTrust Banks Inc, Apollo Global Management and Ares Management LP are considering offers for buying General Electric Co's unit that lends to private-equity firms in the United States, Bloomberg reported, citing people with knowledge of the matter.
Thu, Apr 23 2015
- Laureate Education Inc, the world's biggest for-profit education chain, is in talks with banks for an initial public offering, a person familiar with the matter told Reuters.
MILAN - UniCredit and Banco Santander agreed on Thursday to merge their asset management businesses in a deal valuing the new group at some 5.4 billion euros ($5.8 billion).
Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.