Bis Industries on Wednesday announced that it has scrapped its planned initial public offering. The KKR-backed Australian logistics company had been looking to raise AUD500 million (USD456 million) in the IPO.
Tags: Goldman Sachs
UK firm Arle Capital eyes sale or listing of oil business -report
London, UK-based private equity group Arle Capital Partners is planning either an exit or a listing of its British oil services company Expro this year, according to a report citing inside sources.
NY Federal Reserve Bank seeks to dismiss lawsuit by former employee
The New York Federal Reserve Bank filed a motion in a federal court in the Southern District of New York seeking a dismissal of the lawsuit filed by former employee Carmen Segarra.
Goldman Sachs-backed BackOffice Associates acquires ENTOTA Ltd
Massachusetts-based BackOffice Associates has bought Farnborough, UK-based SAP Data Services consultancy firm ENTOTA for an undisclosed amount. Goldman Sachs invested $30 million in BackOffice five years ago.
Telecom sells Australian AAPT unit for $450M
Telecom Corp Ltd has offloaded its Australian AAPT unit to TPG Telecom Ltd UDS450 million to initially repay debt and focus on its operations in New Zealand.
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UK's Amec Plc is looking to acquire NASDAQ-listed Foster Wheeler AG. If the deal eventually pushes through, it could generate GBP5 billion (USD8 billion) for the Geneva-based engineering and power conglomerate.
Palo Alto, California-based digital magazine app Flipboard might be raising an additional USD50 million in funding as continuation to its first USD50 million capital, according to sources cited in a Fortune report.
Australia-based mining logistics firm BIS Industries is buying industrial transport company Powertrans for USD30 million in a debt-funded transaction which will be finalized in January.
Online music-streaming service Spotify has raised $250 million in a new funding round, making it one of the world's most richly capitalized start-ups.
India's corporate real estate developer RMZ Corp is set to acquire the Four Seasons hotel project in Bangalore in a deal that is valued at USD100 million.
Goldman Sachs Group Inc lost more than $1 billion on currency trades during the third quarter, recent regulatory filings show, offering some insight into why the firm, reported its worst quarter in a key trading unit since the financial crisis.
San Francisco-based Dropbox said that it targets to raise USD250 million in its third funding round. If successful, this would give the web storage company a valuation of more than USD8 billion.
The following bids, mergers, acquisitions and disposals were reported on Monday including Forbes, Axel Springer, MidCap Financial LLC, Goldman Sachs and others.
American investment firm Apollo Global Management LLC raised USD3.9 billion to buy distressed European assets. Specifically, the private equity firm is hunting for hotels and resorts in Spain.
