China’s Sina Agrees to Go Private in Sweetened $2.6 Billion Deal

China’s Sina Agrees to Go Private in Sweetened $2.6 Billion Deal

Sina Corp. agreed to go private after an entity led by its chairman, Charles Chao, boosted its offer for the Chinese social media company to $43.30 a share in cash. The Beijing-based company said the offer implied an equity value for the company of $2.59 billion and...
UPDATE: Caesars Says $3.7 Billion Bid High Enough for William Hill

UPDATE: Caesars Says $3.7 Billion Bid High Enough for William Hill

Caesars Entertainment Inc. said William Hill Plc’s board would likely recommend its 2.9 billion-pound ($3.7 billion) takeover offer price, giving it an edge over rival suitor Apollo Global Management Inc. The British gambling group confirmed it received approaches...
Life insurer LV in takeover talks

Life insurer LV in takeover talks

Mutually owned life insurer LV will on Monday confirm that it is in talks over a takeover. Any deal could lead to a windfall payout for its 1.1m members. LV, which is the third-largest insurance mutual in the UK, launched a strategic review in June after selling its...
Brazil’s IPO market on track for biggest year since 2007

Brazil’s IPO market on track for biggest year since 2007

The market for initial public offerings in Brazil is on track for its biggest year since 2007, fuelled by a recovery in asset prices and a surging number of everyday investors buying into stocks. Seventeen groups have already debuted in Brazil this year and almost 40...