Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
New York-based global independent investment bank Moelis & Co has filed to go public in the US to raise around $100 million and has appointed Morgan Stanley and Goldman Sachs to manage the IPO process. After a road-show in March, the company is expected to go public in April.
Genpact, the country's largest BPO, will purchase shares worth up to $300 million through a modified ‘Dutch auction' tender offer that it expects to start from Thursday, the company disclosed.
Hyderabad-based infrastructure company Ramky Infrastructure is looking to raise funds by selling its operational road assets so as to bring down its mounting debt. It is learnt to have a consolidated debt of around Rs 2,100 crore.
Tech Mahindra Ltd has signed an agreement to acquire German chemicals giant BASF's IT solutions arm which deals with third-party clients for an undisclosed amount, as per a stock market disclosure.
Financial Technologies India Ltd (FTIL) has appointed a committee to see through a restructuring process which includes sale of 24 per cent stake in MCX as also divestment of other assets besides roping in a strategic investor in the company, as per a stock market disclosure. Its stake in MCX is currently valued over $100 million.
Delhi-based Piccadily Agro Industries, which is into sugar and distillery business, has acquired 89 per cent equity stake in wine maker Nirvana Biosys (P) Ltd for an undisclosed sum, according to a disclosure on BSE.
International Finance Corporation (IFC), the private sector investment arm of World Bank, is backing Asia Environmental Partners II, LP a fund managed by Olympus Capital to invest in various Asian markets including India, with an LP commitment.
Kinetic Engineering Ltd (KEL) has exited from its two-wheeler JV by selling its remaining stake in Mahindra Two Wheelers Ltd (MTWL) to Samena Capital for Rs 182.1 crore, as per a stock market disclosure.
Delhi-based On Time Technologies Pvt Ltd, which offers a radio cab booking app TaxiPixi, has raised an undisclosed amount in funding from Hyderabad-based mobile phones maker Celkon Mobiles. The capital will be used to expand its operations across tier II and tier III cities in India, and also to Malaysia.
India's largest commodity exchange Multi Commodity Exchange of India Ltd or MCX, promoted by Financial Technologies India Ltd (FTIL, is looking to dilute its stake in Dubai Gold & Commodities Exchange, MCX Stock Exchange and MCX-SX Clearing Corporation. The company has invited bids to appoint investment advisors to offload the stake.