Edition:
India

David French

MOVES-Citigroup hires Summerfield to run asset management investment banking

1:02am IST

Sept 19 Citigroup Inc has hired former Credit Suisse Group AG banker Hamish Summerfield as its global head of asset management investment banking, according to an internal memo reviewed by Reuters.

LSE board poised to decide fate of Hong Kong exchange's $39 billion offer

13 Sep 2019

HONG KONG/LONDON/NEW YORK The London Stock Exchange's board will meet in coming days to decide on the Hong Kong bourse's surprise $39 billion takeover proposal, a source close to the British company said on Thursday, as the market poured cold water on the deal.

Exclusive: Repsol in advanced talks to buy Exxon assets in Gulf of Mexico - sources

10 Sep 2019

Spanish oil giant Repsol SA is in advanced talks to acquire some deepwater assets in the U.S. Gulf of Mexico from Exxon Mobil Corp for about $1 billion, three people familiar with the matter said on Monday.

Exclusive: Italy's Snam seeks U.S. footprint with bid for Midwest gas pipeline - sources

07 Sep 2019

MILAN/LONDON/NEW YORK Italy's Snam is working on a bid for a stake in a $6 billion natural gas pipeline in the United States in what would be the gas group's first foray outside Europe, four sources told Reuters.

Goldman Sachs explores sale of auto warranty business Safe-Guard: sources

21 Aug 2019

Goldman Sachs Group Inc's buyout arm is exploring the sale of Safe-Guard Products International LLC, which could value the auto warranty company at more than $1 billion, including debt, people familiar with the matter said on Wednesday.

Exclusive: Cigna seeks sale of group benefits insurance business - sources

20 Aug 2019

U.S. health insurer Cigna Corp is exploring a sale of its group benefits insurance business, which could be valued at as much as $6 billion, four people familiar with the matter said on Tuesday.

Oil producer QEP ends sale process, settles with activist Elliott

07 Aug 2019

QEP Resources will remain an independent oil and gas producer after ending a half-year process to sell itself without a deal, the company said on Wednesday, deciding instead to work with a rebuffed suitor to identify further cost savings.

Exclusive: Apollo Global makes offer for France's Coface - sources

19 Jul 2019

Buyout firm Apollo Global Management LLC has approached Coface SA, the credit insurance company partly owned by French bank Natixis SA, with an acquisition offer, people familiar with the matter said on Friday.

Rice group set to take control of EQT board in proxy contest: sources

10 Jul 2019

BOSTON Brothers Toby and Derek Rice are on course to win control of EQT Corp's board of directors two years after having sold their own company, Rice Energy, to the natural gas producer, people familiar with the matter said on Tuesday.

UPDATE 2-Rice group set to take control of EQT board in proxy contest -sources

10 Jul 2019

BOSTON, July 9 Brothers Toby and Derek Rice are on course to win control of EQT Corp's board of directors two years after having sold their own company, Rice Energy, to the natural gas producer, people familiar with the matter said on Tuesday.

World News