| | | SAN FRANCISCO (Reuters) - Tango, the mobile messaging app-maker, announced Wednesday it has raised $280 million in a new funding round led by Chinese e-commerce giant Alibaba Group Holding Ltd. | | | | DUBAI (Reuters) - Buyout firm GrowthGate Capital plans to take freight-forwarding company Able Logistics Group public in Dubai around the end of this year, a senior GrowthGate executive told Reuters, in a sign of growing strength in the region's equity markets. | | | | | | | NEW YORK (Reuters) - JPMorgan is selling its physical commodities business to Mercuria for $3.5 billion, the U.S. bank said on Wednesday, sweeping the fast-growing Swiss trading house into the top league of commodities traders. | | | | | | | ROME/MILAN (Reuters) - In just six months, Antonella Mansi has cut the umbilical cord that for 500 years united Monte dei Paschi di Siena to its medieval home town. | | | | | SAN FRANCISCO (Reuters) - Late-stage venture investing firm Technology Crossover Ventures said Wednesday it had raised a $2.23 billion fund, one of the largest venture funds raised in recent years. | | | | | PARIS (Reuters) - Mayroy, the biggest shareholder in French pharmaceutical company Ipsen , announced on Wednesday the sale of a 7 percent stake in Ipsen via private placement, bringing its stake down to 57.6 percent. | | | | | | | NEW YORK (Reuters) - Loral Space & Communications Inc , which holds a majority stake in Canadian satellite communications company Telesat Holdings Inc, has selected private equity firm Apax Partners LLP and two Canadian pension funds to negotiate a sale of Telesat, people familiar with the matter said. | | | | | | | (Reuters) - Activist investor Carl Icahn on Wednesday called on eBay Inc to sell 20 percent of its PayPal payments unit in an initial public offering, a change in tack from his previous call for a complete spinoff. | | | | | | AMSTERDAM (Reuters) - Dutch Gasunie sees Belgian pipeline operator Fluxys and Germany's Open Grid Europe (OGE) as potential shareholders if parliament allows cross-shareholdings for network operators, Gasunie's chief executive said on Wednesday. | | | | PARIS (Reuters) - French aerospace and defense supplier Zodiac Aerospace said on Wednesday it was ready to make new acquisitions after posting a 9.2 percent rise in revenue for the first six months of its financial year. | | | | | | | 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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