Latest News on private equity markets

Lloyd's of London said on Tuesday that former Virgin Money boss Jayne-Anne Gadhia would be part of a committee to "drive long-term culture change" in the world's oldest insurance market.

Lawmakers from Chancellor Angela Merkel's conservative party are set on Tuesday to back a strategy paper that stops short of banning China's Huawei from taking part in the rollout of Germany's 5G network.

European travel company TUI said strong demand for holidays would help offset the impact of the grounding of the Boeing 737 MAX aircraft on its annual profit, enabling it to lift the bottom end of annual earnings guidance.

Shops, restaurants and cinemas may be deserted in many parts of virus-plagued China, but online trading forums, internet roadshows and analyst calls are teeming with investors who have driven up stock trading volumes to nine-month highs.

European travel company TUI said an exceptional number of holiday bookings would help offset the impact of the Boeing 737 MAX grounding on its annual profit, enabling it to lift the bottom end of annual earnings guidance.

Inter IKEA Group, owner of the IKEA furniture brand, appointed on Tuesday Jon Abrahamsson Ring as new Chief Executive from Sept. 1.

British retailer Marks and Spencer said on Tuesday it had appointed Eoin Tonge as its new chief financial officer, taking over from interim CFO David Surdeau in June.

A U.S. district judge is expected to rule in favor of allowing Sprint and T-Mobile US to merge over the objections of a group of state attorneys general, according to two sources familiar with the matter.

GKSD Investment Holding on Tuesday confirmed it was in the preliminary stages of considering an offer for NMC Health , a day after the healthcare group revealed two approaches from private equity groups.

China's central bank said on Tuesday it has approved an application by Mastercard's China joint venture to conduct bank card clearing operations in the country.

UK sportswear retailer JD Sports may have to sell Footasylum if it does not address competition concerns about last year's acquisition of its smaller rival, Britain's competition watchdog said on Tuesday after an in-depth review of the takeover.

Private equity firm KKR on Tuesday said it does not intend to make an offer for troubled NMC Health but Italian-backed GKSD Investment Holding confirmed it could bid.

Google has canceled plans to buy a 12.5% stake in Africa's largest wind farm after delays to the project, Danish wind turbine maker Vestas said on Monday.

Carlos Ghosn, the fugitive former auto executive, used a joint venture between Nissan and Mitsubishi to inflate his pay, effectively clawing back a cut to his declared wages, and to cover a personal tax debt, lawyers for the firms said on Monday.

The main U.S. stock indexes opened lower on Monday, dragged down by losses in Apple as analysts predicted a drop in quarterly smartphone sales in China due to retail store closures and production suspensions due to the coronavirus outbreak.