LONDON/TORONTO (Reuters) – Barrick Gold Corp is being advised on options for its Zaldivar copper mine in Chile by the boutique firm of mining rainmaker Michael Klein, in a deal potentially worth around $2 billion, three sources familiar with the matter said on Monday.
Toronto-based Barrick has already contacted a limited group of buyers including some diversified Chinese miners and copper companies, the sources said, declining to be identified since the matter is private.
LONDON (Reuters) – The private equity owners of Spain’s largest private hospital group, IDCSalud, are pursuing a potential 5 billion euro ($5.3 billion) sale or stock market listing of the healthcare operator, six sources familiar with the matter said on Friday.
CVC Capital Partners [CVC.UL], the London-based majority owner of IDCSalud, bought a majority stake in rival Quiron last year and merged it with IDCSalud to create the largest healthcare operator in Spain and top five player in Europe.
LONDON (Reuters) – Bombardier (BBDb.TO: Quote, Profile, Research, Stock Buzz) is exploring ways to raise money from its transportation unit, which bankers value at up to $5 billion, as the Canadian group grapples with huge cost overruns in its aircraft business, six sources familiar with the matter said.
The world’s largest manufacturer of planes and trains is working with banks on the strategic options for its transport arm, which provides rail vehicles, signaling and control equipment, the sources said on Friday.
LONDON, April 10 (Reuters) – Bombardier is
exploring ways to raise money from its transportation unit,
which bankers value at up to $5 billion, as the Canadian group
grapples with huge cost overruns in its aircraft business, six
sources familiar with the matter said.
The world’s largest manufacturer of planes and trains is
working with banks on the strategic options for its transport
arm, which provides rail vehicles, signalling and control
equipment, the sources said on Friday.
LONDON, April 8 (Reuters) – Fees from Royal Dutch Shell’s
$70 billion takeover of British energy firm BG
could be among the top 10 most lucrative transactions on record,
according to estimates from Thomson Reuters and Freeman
Shell’s cash and share offer, recommended by the board of BG
on Wednesday, could earn its three financial advisers a combined
$182.6 million in fees, according to the estimates.
LONDON (Reuters) – Royal Dutch Shell’s $70 billion takeover of British energy firm BG stands out because only two investment banks and a boutique firm were selected for the advisory work.
This is in sharp contrast to many so-called mega-deals, which have historically involved at least two and sometimes three or four financial advisers to each party.
LONDON, March 30 (Reuters) – In the land of the investment
banking giants that stalk Europe’s equity markets, a group of
lesser-known advisory firms are treading on the toes of the big
Cenkos, a mid-market securities firm employing only
117 people, has elbowed its way into the top 10 institutions
advising on European share sales this quarter, helping its
clients to raise $1.84 billion from six deals, Reuters data
LONDON, March 31 (Reuters) – More than a year after he
launched his private fund, former Xstrata boss Mick Davis is
coming under pressure to build a new mining empire with the $6
billion in capital he has raised.
The renowned dealmaker set up X2 Resources 18 months ago
after Glencore’s $46 billion takeover of Xstrata, when
he was passed over for the top job in favour of his Glencore
counterpart, Ivan Glasenberg.
LONDON/HONG KONG (Reuters) – Global equity issuance rose by a fifth to $231.5 billion in the three months through March, a record high for a first quarter, as a sharp rise in secondary share sales outweighed a drop in company flotations, Thomson Reuters data showed on Tuesday.
Fewer companies came to market, as investors were less keen to participate in steep valuations brought on by rising stock markets, and private equity funds found themselves with little left to sell after a frenzy in 2014.
FRANKFURT/LONDON (Reuters) – Dutch lingerie firm Hunkemoller, owned by European private equity firm PAI, is eyeing a sale or stock market listing, several sources familiar with the matter said on Thursday.
Banks have been pitching to the retailer, which began as a corset shop in Amsterdam in 1886 and is now the largest high-street lingerie brand in the Benelux region.