As Alibaba prepares for what could be the biggest tech company IPO to date, the Chinese e-commerce giant has been counseling employees on how to deal with the roughly $41 billion they could unlock through a New York listing.
Deals
Private equity buyouts in Asia take old risks with new money
A little over a month ago, a Texas power utility at the centre of the biggest leveraged buyout in history filed for bankruptcy, sunk by billions of dollars of debt that it took on after being acquired by a trio of top private equity names in 2007.
Exclusive: SoftBank Capital closes in on financing round with Kony - sources
SoftBank Corp's venture capital arm is close to securing an investment in enterprise mobile company Kony Inc, and could announce a deal as soon as Tuesday, people close to the matter said.
Alibaba names partnership members in new IPO prospectus
Chinese e-commerce giant Alibaba Group Holding [IPO-ALIB.N] revealed the members of its 28-person partnership in its updated initial public offering prospectus on Monday.
China Mobile set to buy stake in Thailand's True Corp: sources
State-owned China Mobile Ltd is poised to buy an 18 percent stake in Thai telecoms group True Corp valued at around $581 million, people familiar with the matter said, in Thailand's first major corporate deal since a coup last month.
Latest News
Microblogging platform Twitter Inc has been in talks with Berlin-based audio sharing website SoundCloud in its efforts to add a music service to its offering, the Financial Times reported citing people familiar with the matter.
Hiring startup Gild has raised cash to help it tackle one of the U.S. technology sector's highest-profile challenges: the lack of diversity among its workers.
Business startup Zenefits has raised another $66.5 million from investors, months after its first capital-raising, following a pattern set previously by a handful of hot, young consumer companies that proved their worth to investors over a short span.
Kinaxis Inc trimmed the expected offer price of its initial public offering on Tuesday, in a sign that market demand for the Canadian software company's equity issue may not be as hot as originally expected.
The popular messaging app, Line, owned by Asia's Naver Corp, is preparing an initial public offering in the United States and Tokyo as soon as November, Bloomberg reported Tuesday, citing people who were familiar with the matter.
Private equity firm KKR & Co LP said it would buy Internet Brands Inc, which operates CarsDirect and other websites, from private equity firms Hellman & Friedman and JMI Equity.
Facebook Inc is acquiring Pryte, a Finnish company that aims to make it easier for mobile phone users in under-developed parts of the world to use wireless Internet apps.
Fidelity Investments Contrafund, the largest mutual fund investor in Yahoo Inc, cut its stake in the Internet media company by 41 percent during the first four months of 2014, according to the fund's latest disclosure.
Transeastern Power Trust ("Transeastern" or the "Trust") is pleased to announce it has closed its initial public offering (the "Offering") of 11,045,800 units of the Trust (the "Units") at a price of $1.00 per Unit along with $11,763,000 aggregate principal amount of 7.5% convertible unsecured subordinate debentures (the "Debentures") for aggregate gross proceeds of $22,808,800.
