Exclusive: KKR close to signing deal for Altice’s telecom towers – sources
MADRID/LONDON (Reuters) – Private equity firm KKR is close to buying a stake in the telecom towers business of Altice , three sources told Reuters, a deal that will help the telecoms and cable group to pay down debt and reshape its European operations…
Wall Street ends modestly lower but energy shares rise
NEW YORK (Reuters) – The Dow and S&P fell modestly on Monday, ending well off session lows, as gains in energy shares helped curb declines stemming from trade war concerns after China’s retaliation to U.S. tariffs.
U.S. regulator to send observer for Tesla probe of Model S fire
(Reuters) – The U.S. National Transportation Safety Board (NTSB) will send a technical specialist to observe a Tesla Inc examination into the causes of a battery fire last Friday involving one of the electric automaker’s Model S vehicles in California,…
CFTC orders JPMorgan to pay $65 million to settle swap rate manipulation charge
WASHINGTON (Reuters) – JPMorgan Chase Bank NA will have to pay a $65 million civil penalty to settle charges that it attempted manipulating ISDAfix benchmark swap rates between 2007 and 2012, the U.S. Commodities Futures Trading Commission said on Mon…
Exclusive: GameStop in talks with buyout firms after drawing interest – sources
(Reuters) – Video game and electronics retailer GameStop Corp is holding talks with private equity firms about a potential transaction after receiving buyout interest, people familiar with the matter said on Monday.
Google to invest $550 million in China e-commerce giant JD.com
(Reuters) – Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant’s efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com.
Wall Street dips but off earlier lows; Nasdaq flat
NEW YORK (Reuters) – The Dow and S&P were modestly lower on Monday, having recovered from earlier lows, as gains in energy shares helped curb declines stemming from trade war concerns after China’s retaliation to U.S. tariffs.
EU antitrust regulators to rule on Blackstone’s F&R deal by July 20
BRUSSELS (Reuters) – EU antitrust regulators will decide by July 20 whether to clear U.S. private equity firm Blackstone Group’s US$20 billion acquisition of a majority stake in Thomson Reuters’ Financial and Risk (F&R) unit, a filing on the EU competition watchdog’s website showed on Monday.
JPMorgan to pay $65 million to settle charges of attempted ISDAFIX manipulation
WASHINGTON (Reuters) – JPMorgan Chase Bank NA will pay a $65 million civil penalty to settle charges that it attempted manipulating ISDAFIX benchmark swap rates between 2007 and 2012, the U.S. Commodities Futures Trading Commission said on Monday.
Fujifilm sues Xerox for well over $1 billion after aborted merger
NEW YORK (Reuters) – Fujifilm Holdings Corp sued Xerox Corp on Monday for well over $1 billion, faulting the printer and copier company for succumbing to pressure from activist investors Carl Icahn and Darwin Deason in calling off a proposed merger.
