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Latest News on private equity markets

Oil steadies on U.S.-China trade talks optimism

Oil prices were little changed on Monday as positive comments from the United States and China rekindled hopes in global markets that the world's two largest economies could soon sign an interim deal to end their trade war.



5 years ago

Aramco IPO retail subscription at $5.8 billion, says lead manager

Retail subscription for Saudi Aramco's initial public offering (IPO) reached 21.77 billion Saudi riyals ($5.8 billion) on Monday, lead manager Samba Capital said.



5 years ago

Saudi Aramco's CEO met Kuwait sovereign fund to discuss IPO: source

Saudi Aramco's top executives have met officials of Kuwait's sovereign wealth fund to convince them to invest in the oil giant's initial public offering (IPO), which could raise as much as $25.6 billion, a source familiar with the matter said.



6 years ago

Saudi central bank says Aramco IPO not causing liquidity issues for banks

Saudi Arabia's central bank is monitoring banking indicators on a daily basis and is not seeing any impact on liquidity from oil giant Aramco's initial public offering (IPO), its governor said on Sunday.



6 years ago

Saudi Aramco markets IPO in Dubai after approaching Kuwait fund

Saudi Aramco met investors in Dubai on Sunday to market its initial public offering (IPO), after trying to secure demand from Kuwait's sovereign wealth fund for the deal, worth up to $25.6 billion, which relies heavily on local and regional buyers.



6 years ago

Saudi Aramco won't breach maximum weight for firms in Saudi index: Argaam

Saudi Aramco's weighting in Saudi Arabia's main stock index once the oil giant has listed shares is not expected to breach the maximum limit set by the Gulf kingdom's Tadawul exchange, a senior executive said on Sunday.



6 years ago

If you're flying this Thanksgiving, here's how long you'll wait at immigration, security

The best times to arrive back in the U.S. from abroad during the upcoming holiday weekend will be in the hours immediately before and after midnight the Saturday and Sunday after Thanksgiving, according to Airside Mobile.

6 years ago

France's LVMH nears deal to buy U.S. jewelry chain Tiffany for $16.7 billion: FT

French luxury group LVMH is nearing a $16.7 billion deal to buy Tiffany & Co , the Financial Times reported on Sunday, citing people close to the deal.



6 years ago

France's LVMH nears deal to buy U.S. jewelry chain Tiffany for about $16.3 billion: sources

French luxury group LVMH is nearing a deal to buy U.S. jewelry chain Tiffany & Co for about $16.3 billion, sources familiar with the matter told Reuters on Sunday.



6 years ago

Cancer patients are 2.5 times more likely to declare bankruptcy. Advisors are trying to help

For many, getting a cancer diagnosis is a worst-case scenario. But one big side effect — financial toxicity — can make things even worse.

6 years ago

Amazon to open store on China's Pinduoduo marketplace on November 25: source

Amazon.com Inc will open a store on Chinese e-commerce platform Pinduoduo on Monday, a source familiar with the matter said, in a sign of how the U.S. firm's China strategy is evolving after it shut its own online store in the country.



6 years ago

Japanese hotel group Unizo gets six new buyout offers

Japanese hotel operator Unizo Holdings said on Sunday it had received six more buyout offers at a price competitive with an existing $1.6 billion bid proposed by Blackstone Group .



6 years ago

France's LVMH close to buying Tiffany after sweetening offer: sources

LVMH is close to buying U.S. jewelry chain Tiffany & Co for about $16.3 billion after sweetening its offer, sources said on Sunday, as the owner of Louis Vuitton and Bulgari aims to tap the fast-growing luxury jewelry market.



6 years ago

France's 5G spectrum to be sold at floor price of 2.17 billion euros: minister

Frances's 5G spectrum will be sold at a floor price of 2.17 billion euros ($2.4 billion), a minister said on Sunday, significantly more than the amount previously recommended by the country's telecoms operator Arcep.



6 years ago

Finnair cancels 276 flights as unions join solidarity strike

Finland's national airline Finnair said on Sunday it was forced to cancel 276 flights scheduled for Sunday and Monday after attempts to settle a labor dispute at the Finnish postal service failed, leading several Finnish labor unions to join a solidarity strike on Monday.



6 years ago