Co-op Bank receives approach from private equity bidder

Co-op Bank receives approach from private equity bidder

The Co-operative Bank said it had received a takeover approach from an unidentified private equity bidder, the latest in a flurry of potential deals in the struggling European financial sector. The UK lender announced on Tuesday that it had received a non-binding...
Russian ecommerce group Ozon files for IPO valued at up to $5.6bn

Russian ecommerce group Ozon files for IPO valued at up to $5.6bn

Russian ecommerce group Ozon will file paperwork on Tuesday to go public in the US at a valuation of $4.6bn to $5.6bn, according to two people familiar with the plans. Ozon is seeking to raise between $750m and $1bn from the initial public offering on the Nasdaq...
Omers Is Said to Mull Up to $2.5 Billion Sale of ERM Consultancy

Omers Is Said to Mull Up to $2.5 Billion Sale of ERM Consultancy

Omers Private Equity is weighing options for ERM Group Inc., including a potential sale that could value the sustainability consultancy at as much as $2.5 billion, people familiar with the matter said. The unit of Canada’s Ontario Municipal Employees Retirement System...