Advent raises $2 billion fund for Latin American company bets

[ad_1] SAO PAULO (Reuters) – U.S. private equity firm Advent International has raised a $2 billion fund to invest in Latin American companies, it said on Tuesday, its seventh focused…

Citic Securities, China Securities dismiss report of merger plan

[ad_1] HONG KONG, July 2 (Reuters) – China’s largest broker Citic Securities Co Ltd and smaller rival China Securities Co Ltd (CSC) said on Thursday they were not aware of…

Adevinta buys eBay’s classifieds unit in $9.2 billion deal

[ad_1] By Nerijus Adomaitis, Pamela Barbaglia OSLO/LONDON (Reuters) – U.S. firm eBay Inc has agreed to sell its classified ads business to Norway’s Adevinta in a deal worth $9.2 billion,…

Autostrade network will be split, should its concession be revoked – minister

[ad_1] FILE PHOTO: The logo of an infrastructure group Atlantia is seen outside their headquarters, in Rome, Italy October 5, 2020. REUTERS/Guglielmo Mangiapane/File Photo ROME (Reuters) – If Italy should…

Italy’s Nexi to merge with SIA in pursuit of European payments

[ad_1] MILAN (Reuters) – Italy’s Nexi and SIA agreed a long-awaited merger on Monday to create a dominant domestic payments group with 1.8 billion euros ($2 billion) in revenue and…

Bayer executives buy 2.9 million euros in battered stock after writedowns

[ad_1] FILE PHOTO: Werner Baumann, CEO of Bayer AG, arrives for the annual results news conference of the German drugmaker in Leverkusen, Germany February 27, 2020. REUTERS/Wolfgang Rattay FRANKFURT (Reuters)…

Shell looking to sell stake in Danish venture: banking sources

[ad_1] By Ron Bousso, Clara Denina LONDON (Reuters) – Royal Dutch Shell is seeking to sell its stake in the Danish Underground Consortium (DUC), an offshore oil and gas joint…

Orsted to sell its Danish power businesses for $3.2 billion

[ad_1] COPENHAGEN (Reuters) – Orsted ORSTED.CO has agreed to sell its Danish power distribution and retail businesses to energy firm SEAS-NVE for 21.3 billion Danish crowns ($3.15 billion) on a…

Telia to sell international carrier business for $1 billion

[ad_1] By Supantha Mukherjee, Helena Soderpalm STOCKHOLM (Reuters) – Telia TELIA.ST has agreed to sell its international carrier business, Telia Carrier, to Polhem Infra for 9.45 billion Swedish crowns ($1.06…

Siemens’ $18 billion energy spin-off falls in Frankfurt debut

[ad_1] By Christoph Steitz, Alexander Hübner FRANKFURT/MUNICH (Reuters) – Shares in Siemens Energy ENR1n.DE opened lower than expected on their first day of trading on the Frankfurt stock exchange, as…