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Reuters: New Issues News

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Channel Title: Reuters: New Issues News
Channel Website: http://www.reuters.com

Channel Description: Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.

 
UPDATE 1-Hapag-Lloyd adds IPO advisors, timing in doubt - sources
* Intention to float could still come this month - source (Adds further comments, background on IPO plans)
...read more

Hapag-Lloyd adds IPO advisors, timing of deal in doubt - sources
FRANKFURT, Sept 4 (Reuters) - German container shipping group Hapag-Lloyd has taken further steps in preparation of a stock market listing and has mandated more banks for the move, but it remains undecided on the timing of the deal, people familiar with the situation said.
...read more

PAI picks banks for listing of Sweden's Perstorp -sources
STOCKHOLM/FRANKFURT, Sept 3 (Reuters) - Private equity firm PAI is stepping up preparations to sell Swedish chemicals firm Perstorp to take advantage of still-buoyant corporate valuations and has completed its line-up of advisers, several people familiar with the transaction said.
...read more

UPDATE 2-Net-A-Porter founder leaves abruptly ahead of merger
PARIS/MILAN, Sept 3 (Reuters) - Natalie Massenet, founder and executive chairman of online fashion group Net-A-Porter , said on Thursday it was the right time to leave after she resigned abruptly ahead of the completion of a planned merger with Italy's Yoox.
...read more

UPDATE 1-Net-A-Porter founder quits, will not be on merged group's board
MILAN/PARIS, Sept 2 (Reuters) - Natalie Massenet, founder and executive chairman of online fashion group Net-A-Porter (NAP) abruptly resigned on Wednesday ahead of its planned acquisition by Italy's Yoox.
...read more

Russia's Polyus Gold shareholder considers making buyout offer
MOSCOW, Sept 2 (Reuters) - Said Kerimov, son of Russian tycoon and parliamentarian Suleiman Kerimov, may announce a buyout offer for the remaining shares in Russia's biggest gold producer Polyus Gold at $2.97 per share, a statement said on Wednesday.
...read more

UPDATE 1-Aga saga sizzles as Whirlpool weighs rival bid
LONDON, Sept 1 (Reuters) - Whirlpool Corp, the world's biggest home appliance company, is set to battle Middleby for Britain's Aga Rangemaster, the maker of range cookers synonymous with affluent British middle-class country life.
...read more

UK caravan park firm Park Resorts to merge with rival Parkdean
LONDON, Sept 1 (Reuters) - British caravan holiday park operator Park Resorts will merge with rival Parkdean Holidays in a deal which will create a combined business worth 960 million pounds ($1.5 billion), Park Resorts' owner Electra Private Equity said.
...read more

Whirlpool gatecrashes Aga's sale to Middleby
LONDON, Sept 1 (Reuters) - Aga Rangemaster, the British range cooker company that had agreed a sale to Middleby , said it had received a competing approach from U.S. appliance maker Whirlpool.
...read more

Carlyle in talks on $770 mln takeover of UK's Innovation Group
LONDON, Aug 28 (Reuters) - U.S. private equity firm Carlyle is in advanced talks about buying Innovation Group for 40 pence a share in cash, valuing its equity at almost 500 million pounds ($769 million), the British software company said on Friday.
...read more

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