It's grim times for SoundCloud between massive job cuts and talk of mismanagement, but help might be coming soon… at a steep cost. Bloomberg sources understand that SoundCloud is in "advanced" talks to sell stakes in the company to two (as yet unn…
UPDATE 2-Lagardere enters race for Benetton’s World Duty Free – sources
* Dufry seen as strong contender – sources (Adds comment from Edizione Holding para 7)
Lagardere picks bank to join race for World Duty Free – sources
LONDON, Jan 29 (Reuters) – French media group Lagardère has joined the race to acquire a majority of World Duty Free as the Italian travel retailer, held by the Benetton family, is pursuing a merger…
UPDATE 2-Blackstone seeks energy investments as Q4 profit falls
* Total assets under management of $290.4 bln as of end of December
3i Group’s net asset value up 5 pct in last quarter
LONDON, Jan 29 (Reuters) – British private equity firm 3i Group raised 245 million pounds ($371 million)from sales of investments in the final quarter of last year, with strong market valuations for…
Swiss stocks – Factors to watch on Jan 29
ZURICH, Jan 29 (Reuters) – Swiss stocks were expected to open lower on Thursday, following U.S. and Asian shares down after the Federal Reserve signalled that it remains firmly on track to raise…
Regulators may delay approval for Sysco-US Foods deal – NY Post
Jan 28 (Reuters) – Sysco Corp, the biggest U.S. food distributor, may have to wait longer for its $8.2 billion deal to buy US Foods Inc to be approved by regulators, the New York Post reported.
MIDEAST STOCKS – Factors to watch – Jan 29
DUBAI, Jan 29 (Reuters) – Here are some factors that may affect Middle East stock markets on Thursday. Reuters has not verified the press reports and does not vouch of their accuracy.