Blackstone-backed LaTrobe Financial eyes $2 bln IPO

Blackstone-backed LaTrobe Financial eyes $2 bln IPO

Booming non-bank lender and credit manager LaTrobe Financial will consider a trade sale or IPO that could value that business at more than $2 billion, as investor interest in the non-bank sector surges. US investment giant Blackstone owns 80 per cent of LaTrobe, with...
UPDATE: Bain Capital weighing bid to take Toshiba private

UPDATE: Bain Capital weighing bid to take Toshiba private

Bain Capital is looking at formulating a bid to acquire Toshiba Corp, two people familiar with the matter said. The Japanese conglomerate on Tuesday dismissed a $20 billion buyout offer from CVC Capital Partners as lacking substance but said it would consider any...