Oct 30, 2013 | East Asia, News, Western Europe
MILAN, Oct 30 (Reuters) – Italian luxury leather goods brand Bruno Magli said on Tuesday its hedge fund owner Fortelus has begun exclusive talks to sell the entire company to a consortium of Asian investors. Bruno Magli said London-based Fortelus is expected to...
Oct 29, 2013 | News, North America
TORONTO, Oct 23 (Reuters) – Canadian telecom company Telus (T.TO) said on Wednesday it has agreed to buy 100 percent of struggling startup Public Mobile from private equity firm Cartesian Capital and Thomvest Seed Capital, a Toronto-based investment vehicle...
Oct 29, 2013 | News, North America, Western Europe
LONDON (Reuters) – A British website which enables members of the public to lend to small businesses is expanding into the United States via a merger with another so-called ‘peer-to-peer’ lender. Funding Circle, the broking platform through which...
Oct 29, 2013 | MENA, News, Western Europe
DUBAI, Oct 28 (Reuters) – The private equity arm of Dubai Holding, which is owned by the emirate’s ruler, is planning to sell its minority stake in a luxury retailer backed by Swatch, four banking and industry sources aware of the matter said. * DIC in...
Oct 29, 2013 | News, North America
SAN FRANCISCO, Oct 29 (Reuters) – Apparently it requires over $100 million to get people to engage with their neighbors. That’s how much funding Nextdoor, a private social network for neighborhoods, has pulled in over the last 18 months after just closing a...
