United States


Mideast ride-hailing firm Careem working with Jefferies -sources

Middle East ride-hailing firm Careem has been working with investment bank Jefferies as an adviser on investment options and fundraising, including a potential Middle East M&A deal with Uber Technologies, three sources familiar with the matter told Reuters.

Hedge fund Solus looks to raise $750 mln fund -source

Solus Alternative Asset Management LP is launching a $750 million fund focused on distressed and stressed investment opportunities, according to a person familiar with the matter and a letter to investors Reuters reviewed.

Colfax to buy DJO Global in $3.15 bln deal

Industrial equipment maker Colfax Corp said on Monday it would acquire medical device maker DJO Global Inc from private equity funds managed by Blackstone Group for $3.15 billion in cash.