Nov 4, 2014 | News, North America
HUNTINGTON BEACH, Calif., Nov 4 (Reuters) – If Shubham Banerjee cannot lay claim to being the world’s youngest venture capital-backed entrepreneur, he comes very close. Banerjee was 12 years old when he closed an early-stage funding round with Intel...
Oct 21, 2014 | Central & Eastern Europe, News
WARSAW, Oct 21 (Reuters) – Poland’s Alior Bank said on Tuesday it had agreed to buy a 98 percent stake in smaller rival Meritum Bank from two private equity funds and the European Bank of Reconstruction and Development (EBRD) for 353 million zlotys ($107...
Oct 21, 2014 | News, Oceania
SYDNEY, Oct 21 (Reuters) – Australian digital billboard firm APN Outdoor will raise A$329 million ($289 million) in an initial public offer, a person with knowledge of the matter told Reuters, at the bottom of the range its private equity owner had hoped to sell...
Oct 20, 2014 | India, News, North America, South & Central Asia
MUMBAI, Oct 20 (Reuters) – U.S. private equity firm Warburg Pincus LLC has agreed to buy a significant minority stake in India’s Kalyan Jewellers for about $200 million, five sources with knowledge of the transaction told Reuters on Monday. The Indian...
Oct 19, 2014 | MENA, News
DUBAI, Oct 19 (Reuters) – Abu Dhabi-based buyout firm Gulf Capital is looking to invest in 10-12 companies over five years with the launch of its third private equity fund of $750 million, its chief executive said on Sunday. “We are making offers and...