Financial Services & Real Estate Headlines

Exclusive: Data center company Telx explores $2 billion sale - sources

- 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.

Tech, Deals 1:55pm EDT

Saras and Rosneft abandon plans for trading joint venture

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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.

Deals, Italy, Russia 11:47am EDT

Iron Mountain to buy Recall Holdings for about $2.2 billion

- 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.

11:04am EDT

Mon, Apr 27 2015

Exclusive: Data storage company Nutanix to hire banks for IPO - sources

(This version of the April 24th story corrects name of Nutanix investor SAP Ventures to its new name, Sapphire Ventures in final paragraph)

27 Apr 2015

Swedish drug company Sobi in talks on bid for company

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.

27 Apr 2015

Sun, Apr 26 2015

Pop Milano sits pretty as Italy cooperative banks brace for M&A

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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.

Italy, Deals 26 Apr 2015

India's Ratan Tata buys stake in Chinese phone maker Xiaomi

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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.

Tech, Deals 26 Apr 2015

Fri, Apr 24 2015

GE buyout-lending unit draws interest from SunTrust, Apollo, Ares: Bloomberg

- 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.

24 Apr 2015

Thu, Apr 23 2015

Laureate Education plans IPO: source

- 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.

23 Apr 2015

UniCredit reaches asset management deal with Santander

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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).

23 Apr 2015
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Key retirements mean a changing of the guard next year in U.S. Congress

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.