Adidas slides as traders say top investor GBL plans to sell part of stake
Adidas shares fell 1.5% on Wednesday on expectations that one of the German sportswear firm's top shareholders, Groupe Bruxelles Lambert (GBL), was preparing to sell a...
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.
BAT sees further growth in vaping, e-cigarette products this year
British American Tobacco, the world's No. 2 tobacco company, on Wednesday forecast sales of vaping and e-cigarette products to accelerate in the second half of the...
Philip Green's Arcadia avoids collapse as creditors back deal
Philip Green's Topshop-to-Dorothy Perkins fashion empire staved off a collapse into administration on Wednesday as creditors approved his sweetened restructuring plan.
Reckitt picks PepsiCo executive as next CEO
British consumer goods giant Reckitt Benckiser on Wednesday named PepsiCo executive Laxman Narasimhan as its next chief executive officer, to succeed Rakesh Kapoor.
KKR offers 40% premium to buy out Axel Springer minorities
Funds controlled by U.S. private equity investor KKR on Wednesday offered 63 euros a share to buy out minority shareholders in Axel Springer in a deal...
Norway fund may have to offload $1 billion stake in Glencore in shift away from coal
Norway's $1 trillion sovereign wealth fund may have to sell its $1 billion stake in commodities giant Glencore, among other companies that derive more than 30...
China's CATL, Ant Financial and Hellobike set up e-bike battery firm
China's Contemporary Amperex Technology Co Ltd (CATL), Ant Financial Services and Hellobike said on Wednesday they will invest 1 billion yuan ($144.60 million) to establish a...
Iran scrambles to lift petrochemical sales as sanctions hammer oil
Iran has been racing to step up exports of petrochemicals and tap new markets to compensate for sliding oil sales, Iranian and international industry sources said,...
KKR offers 63 euros per share to buy out Axel Springer minorities
Funds controlled by U.S. private equity investor KKR on Wednesday offered 63 euros a share to buy out minority shareholders in Axel Springer in a deal...
Asia shares turn wary, U.S. inflation next hurdle
Asian share markets were in a defensive crouch on Wednesday as the White House took a tough line on trade talks with China, while a looming...
Reckitt names Pepsico executive Laxman Narasimhan CEO
British consumer goods giant Reckitt Benckiser on Wednesday named PepsiCo executive Laxman Narasimhan to succeed Rakesh Kapoor as chief executive officer.
ABB names ex-GE exec Maryrose Sylvester to lead U.S. business
ABB has appointed industrial and software specialist Maryrose Sylvester as the new head of its U.S. business, the Swiss engineering company said on Wednesday, replacing company...
Dassault Systemes to buy Medidata Solutions in $5.8 billion deal
French technology company Dassault Systemes said it had agreed to buy Medidata Solutions, a U.S. software company dealing in the sphere of clinical trials, in a...
Pompeo to push in India for more U.S. access to local markets
The United States is open to dialogue to resolve trade differences with India by allowing Americans companies more access to Indian markets, U.S. Secretary of State...
Exclusive: Renault chairman weakened as Macron snubs meeting
French President Emmanuel Macron has turned down a request to meet Renault chairman Jean-Dominique Senard, who is furious over the government's interference at the carmaker, sources...