| | | MILAN (Reuters) - Italy's Versace agreed a deal with Blackstone on Thursday that will see the U.S. private equity firm take a 20 percent stake in the fashion house in a deal valuing the company at one billion euros ($1.37 billion). | | | | | | FRANKFURT (Reuters) - Bayer said it would buy privately held Dihon Pharmaceutical Group Co, a maker of traditional herbal Chinese medicines (TCM), as the German drugmaker pushes to become the world's largest non-prescription medicines group. | | | | | | | LONDON (Reuters) - HSBC said it is talks to sell its business in Pakistan to Meezan Bank Limited , another possible sale by Europe's biggest bank from countries where it is unprofitable or lacks scale. | | | | | | | NEW YORK (Reuters) - Biomet Inc, the U.S. medical device maker that was taken private by a private equity consortium for $11.4 billion in 2007, has hired underwriters for an initial public offering later this year, people familiar with the matter said on Wednesday. | | | | | | | (Reuters) - Tesla Motors Inc said on Wednesday it plans to raise $1.6 billion from investors to finance a new battery factory that will help the upstart U.S. automaker reach its goal of producing a lower-priced, mass-market electric car by 2017. | | | | | (Reuters) - Pipeline company Williams Partners LP said it would buy certain Canadian gas assets from Williams Cos Inc for about $1.2 billion to boost its natural gas liquid treating and processing business. | | | | | (Reuters) - The Washington law and lobbying firm Patton Boggs is in merger talks with the larger global firm Squire Sanders, Squire Sanders announced on Wednesday. | | | | | | | MILAN (Reuters) - Etihad Airways is expected to finish examining Alitalia's books within a month as it ponders whether to invest in the loss-making Italian airline, Alitalia's chief executive said on Wednesday. | | | | | | (Reuters) - Royal Bank of Scotland said it intends to sell almost all of its remaining stake in Direct Line Insurance Group through a placement to institutional investors. | | | | SAN FRANCISCO (Reuters) - New York-based Collaborative Fund has raised a $33 million venture-capital fund to focus on the shared economy, it said in a blog post. | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |
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