equity
TechnologyExclusive-Silver Lake, Bain Prepare to Bid for Multi-Billion Stake in Intel’s Altera Unit, Sources Say
InvestingGlobal Equity Funds See First Weekly Outflow in Five Weeks on Caution Ahead of US Elections
BusinessIt Pays to Close the Gender Gap in Finance Leadership
FinanceSiemens Could Reduce Stakes in Healthineers, Other Companies to Fund Altair Deal
Woodside and Tokyo Gas in Discussions Over Stake in US Lng Project
Date: October 31, 2024
By Curtis Williams and David French HOUSTON/NEW YORK (Reuters) – Tokyo Gas is in talks with Woodside Energy over taking a stake in a multi-billion-dollar Louisiana liquefied natural gas (LNG) export project, according to two people familiar with the discussions. Woodside, an Australian oil and gas producer, this month closed on a $1.2 billion buy...
UK Hikes Taxes on Private Equity, Further Reforms Loom
Date: October 30, 2024
By Iain Withers and Tommy Reggiori Wilkes LONDON (Reuters) -Britain will increase tax on the performance fees that private equity fund managers make from asset sales to 32% from a current 28%, a smaller rise than many buyout bosses had feared. UK finance minister Rachel Reeves said in her budget announcement on Wednesday that her...
Raiffeisen Cuts Return on Equity Guidance Due to Polish Mortgage Loans Provisions
Date: October 30, 2024
(Reuters) -Austria’s Raiffeisen Bank International (RBI) has cut its return on equity (ROE) guidance for this year, excluding its Russian and Belarusian businesses, the lender said on Tuesday. It now expects a consolidated return on equity of around 7.5% in 2024, compared with the 10% forecast previously, as it booked 493 million euros ($533...
Rtl Group Explores Options for Tv Production Arm Fremantle, Sources Say
Date: October 29, 2024
By Amy-Jo Crowley LONDON (Reuters) – RTL Group, Europe’s largest broadcaster, is exploring options for its Fremantle production unit, including a merger, given a broader cutback in TV commissioning across the industry, two people familiar with the matter told Reuters. RTL, majority-owned by German media group Bertelsmann, is considering finding a merger partner for the...
Hargreaves Lansdown Expects Takeover by CVC-led Consortium to Complete in Q1 2025
Date: October 29, 2024
(Reuters) – Hargreaves Lansdown, Britain’s largest investment platform, said on Tuesday it expects the completion of its agreed 5.4 billion pound ($7 billion) takeover by an international consortium in the first quarter of 2025. The consortium, consisting of Europe’s largest private equity firm CVC Capital Partners, Abu Dhabi’s sovereign wealth fund and Swedish private equity...
Thyssenkrupp Cfo: Spin-Off of Marine Division Possible in 2026
Date: October 29, 2024
FRANKFURT/DUESSELDORF (Reuters) – Thyssenkrupp is working on a spin-off of its warship division after private equity firm Carlyle dropped out as a bidder last week, the group’s CFO said, flagging 2026 as a realistic time frame for when such a move could happen. A spin-off in the coming calendar year would be ambitious in...