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Latest News on private equity markets

In wake of Delta deal, Qatar Airways says could consider raising LATAM stake

Qatar Airways CEO Akbar al-Baker said his airline would consider lifting its 10% stake in LATAM Airlines Group SA if the opportunity came up - comments which come after Delta Air Lines Inc agreed last month to buy 20% of the Chilean carrier.



5 years ago

Pernod Ricard mulls price hikes in U.S. post tariffs

The boss of Pernod Ricard said on Thursday that trade tariffs that will apply to single malt Scotch and Spanish wine from Oct. 18 will have a "significant" impact on Pernod Ricard in the United States.



5 years ago

Ericsson earnings top forecast as 5G takes off

Telecoms equipment maker Ericsson beat quarterly core earnings expectations on Thursday and lifted its market forecast for this year and its sales target for 2020, saying demand for superfast 5G networks was taking off earlier than expected.



5 years ago

Unizo top shareholder warns board to consider Blackstone offer

Unizo Holdings' top shareholder urged the hotelier on Thursday to consider "in good faith" Blackstone Group's proposed $1.6 billion tender offer, warning it would consider measures if the board fails to act in accordance with its duty.



5 years ago

China says hopes to reach phased trade pact with U.S. as early as possible

China's commerce ministry said on Thursday that China hoped to reach a phased agreement with the United States over trade as early as possible, and make progress on cancelling tariffs on each others' goods.



5 years ago

'Not the best owners': UK's Domino's to exit foreign markets

Domino's Pizza Group Plc , Britain's biggest pizza delivery company, on Thursday said it would quit its loss-making international operations, sending shares higher in early trade.



5 years ago

Brexit snags stall sterling rally, stocks drift lower

Sterling faltered on Thursday and Europe's main stock markets went in and out of the red as hopes for a smooth Brexit ran into familiar Irish border snags.



5 years ago

China says it hopes to reach phased trade pact with U.S. as soon as possible

China hopes to reach a phased agreement in a protracted trade dispute with the United States and cancel tariffs as soon as possible, the Commerce Ministry said on Thursday, adding that trade wars had no winners.



5 years ago

Elliott pushes Japan's Unizo to accept $1.6 billion Blackstone bid

Unizo Holdings' top shareholder Elliott Management pushed the Japan hotel operator to accept a $1.6 billion tender offer from Blackstone Group , warning it would take "all available measures" if it fails to do its "fiduciary duty".



5 years ago

What makes Japanese hotelier Unizo attractive for Blackstone and Elliott?

Little-known hotelier Unizo Holdings Co Ltd has found itself the center of private equity attention, with global names vying for the opportunity to buy into Japan's property market on the cheap.



5 years ago

WH Smith to buy Marshall Retail for $400 million in U.S. airports push

British retailer WH Smith Plc made its second major foray into U.S. airports on Thursday with a $400 million purchase of Marshall Retail Group, expanding in a fast-growing segment and sending its shares up 5%.



5 years ago

Unilever suffers dip in emerging markets sales growth

A slowdown in India and China put a brake on Unilever's quarterly sales growth, highlighting the challenges facing Chief Executive Alan Jope as he tries to boost the consumer goods giant's business in emerging markets.



5 years ago

U.S. tariffs threaten livelihoods of Spain's olive-farming families

A double whammy of U.S. import tariffs kicking in on Friday and a recent steep drop in global olive oil prices is threatening the subsistence of thousands of families in southern Spain who fully depend on "liquid gold", as the oil is known here.



5 years ago

Big U.S. liquefied natgas players move fast, the small race to keep up

A gap is emerging in the U.S. liquefied natural gas (LNG) industry as big players such as Exxon Mobil Corp and Cheniere Energy Inc race ahead to build export terminals without new long-term contracts, while smaller developers struggle to find financing for their first plants.



5 years ago

Honeywell profit falls 30%

Honeywell International Inc reported a 30% fall in quarterly profit on Thursday, as it sold off some businesses last year.



5 years ago