Buyout funds launch $3 billion bid for Spain's MasMovil
Buyout funds KKR , Cinven and Providence have mounted a friendly bid to pay up to 2.96 billion euros ($3.30 billion) for Spain's MasMovil , the...
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Worst may be over for euro zone factories, recovery to be slow: PMI
Euro zone manufacturers appear to have passed their nadir, a survey showed on Monday, but activity is still contracting sharply as government-imposed lockdowns due to the...
Emirates president says could take four years to rebuild network from virus hit
Emirates President Tim Clark said on Monday it could take the airline four years to rebuild its network that has been decimated by the coronavirus pandemic.
Stocks scale 3-month peak, dollar sags on reopening joy
World stocks were just shy of three-month highs and the dollar weakened further on Monday as optimism on economies opening up boosted risk appetite, shrugging off...
Asia stocks scale 3-month peak, resilient to U.S. rioting
Asian shares advanced to three-month highs on Monday as progress on re-opening economies helped offset jitters over riots in U.S. cities and unease over Washington's power...
KKR, Cinven, Providence file public tender offer for Masmovil
Buyout funds KKR , Cinven and Providence teamed up to file a 2.96 billion euro ($3.30 billion) public tender offer for Spanish telecom company MasMovil on...
Hyundai Motor's May sales fall sharply year-on-year on COVID-19 impact
South Korea's Hyundai Motor Co said on Monday its provisional May sales fell 39% year-on-year to 217,510 vehicles globally, as the coronavirus outbreak continued to hit...
Analysts' View: Impact of the U.S. protests on financial markets
National Guard troops have been deployed in 15 U.S. states and the U.S. capital after five nights of violence and destruction that began with peaceful protests...
Oil prices edge up ahead of upcoming OPEC+ meeting
Oil prices were little changed on Monday, with the Organization of the Petroleum Exporting Countries (OPEC) considering meeting as soon as this week to discuss whether...
Asia stocks make cautious gains as China worries slow recovery rally
Asian stocks eked out gains on Tuesday as investors' focus on the prospects of a global coronavirus recovery won out over familiar worries about Sino-U.S. relations...
Escalating China tensions could become an obstacle for U.S. stock rally
U.S. President Donald Trump's directive on Friday to begin the process of eliminating special treatment for Hong Kong is likely to put China-U.S. tensions back in...
Asia stocks hit 3-month peaks, resilient to U.S. rioting
Asian shares pushed to three-month highs on Monday as progress on opening up economies helped offset jitters over riots in U.S. cities and unease over Washington's...
Oil prices edge down as wary traders eye upcoming OPEC+ meeting
Oil prices edged down on Monday as traders took profits, with the Organization of the Petroleum Exporting Countries (OPEC) considering meeting as soon as this week...
Southwest offers buyout packages, temporary leaves to 'ensure survival'
Southwest Airlines Co on Monday extended buyout packages and temporary paid leaves to employees in what its chief executive said was an effort to "ensure survival"...
Geely's Polestar plans China showroom expansion to compete with Tesla: sources
SHANGHAI Reuters) - Polestar, the premium electric vehicle maker owned by China's Geely, plans a big expansion of its showroom network in the mainland, sources said,...