Nov 27, 2013 | News, North America, Western Europe
SAN FRANCISCO, Nov 21 (Reuters) – 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. The new funding round was led by Technology Crossover Ventures, a...
Nov 24, 2013 | News, Southeast Asia
Nov 19 (Reuters) – Asian-inspired jewelry company John Hardy Group is exploring a potential sale, according to people familiar with the matter. Bali-based John Hardy, a portfolio company of British private equity firm 3i Group PLC, has hired Rothschild to...
Nov 20, 2013 | Central & Eastern Europe, News, Russia, Western Europe
Europe’s fourth-biggest retailer Metro AG is considering floating a 25 percent stake in its Cash & Carry Russia unit in the European spring, three sources familiar with the deal said on Wednesday. The initial public offering (IPO) could value the unit at no...
Nov 20, 2013 | India, News, South & Central Asia
NEW DELHI: Economic Times – Kishore Biyani-owned Future Group, India’s largest listed retailer by revenues, is negotiating with private equity firm Actis Capital to buy Nilgiris, a Bangalore-based supermarket chain in which it holds a majority stake, a...
Nov 20, 2013 | News, North America
NEW YORK, Nov 19 (Reuters) – Goldman Sachs Group Inc’s (GS.N) private equity arm is nearing a deal to acquire events services company PSAV Presentation Services for close to $900 million, according to people familiar with the matter. The deal for the...