Deals - Americas Headlines

Exclusive: Brazil credit card processor Stone plans New York IPO: sources

Brazilian credit card processing firm Stone Pagamentos SA is planning its initial public offering in New York by the second half of the year, three people with knowledge of the matter said, to raise funds to compete with larger rivals Cielo SA and the Rede division of Itaú Unibanco Holding SA .

SoftBank is now Uber's largest shareholder as deal closes

A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc [UBER.UL] on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber.

Apollo-owned security firm ADT's IPO prices below target

U.S. security company ADT Corp , owned by private equity firm Apollo Global Management LLC , said on Thursday its initial public offering (IPO) was priced well below its expected range, signaling investors are being picky about new offerings.

Wyndham to buy La Quinta hotel business for $1.95 billion

Wyndham Worldwide Corp will buy La Quinta Holdings Inc's hotel operations for $1.95 billion, it said on Thursday, adding another well-known U.S. brand and nearly 900 mid-scale, upper mid-scale and economy locations to its portfolio.

CIBC eyes FirstCaribbean valuation around $1.4 billion: sources

Canadian Imperial Bank of Commerce is targeting a valuation of 10 times earnings for the potential listing of its FirstCaribbean business in New York, which would give it a market value of around $1.4 billion, five sources familiar with the matter told Reuters over the past week.