India's biggest airline by market share, IndiGo, is preparing to file a draft prospectus by May for a stock listing to raise $300 million to $400 million, two people with knowledge of the plans said, aiming to cash in on a boom in budget air travel.
Deals
America Movil may not face tougher regulation without asset sale: regulator
Mexico's telecom regulator will not necessarily impose tougher rules against billionaire Carlos Slim's America Movil if it does not go ahead with a plan to sell off assets, the head of the regulatory agency said in an interview on Friday.
Creditors offer Puerto Rico's troubled utility $2 bln financing - sources
Creditors of Puerto Rico's power authority, PREPA, have offered it $2 billion in financing, including $1.2 billion to fund a new natural gas operation, in exchange for assurances that it would repay its debt, two people close to the matter told Reuters on Saturday.
Platinum Equity nears deal for Itochu's PrimeSource: sources
Private equity firm Platinum Equity LLC is in advanced talks to buy PrimeSource Building Products Inc, the largest distributor of screws and nails in the United States, from Itochu Corp (8001.T), according to people familiar with the matter.
As 3G digests Kraft deal, rivals will focus on organic firms
The macaroni and ketchup merger of Kraft Foods Group (KRFT.O) and H.J. Heinz Co may prove a boon to the far smaller natural and organic food companies that have seized market share as consumers shift away from processed foods, bankers and portfolio managers said.
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French energy group EDF (EDF.PA) is considering whether to take a stake in assets belonging to struggling nuclear power group Areva (AREVA.PA), business daily Les Echos reported on Friday, citing an unidentified source close to EDF.
Union Bancaire Privee (UBP) has agreed to buy Royal Bank of Scotland's international private banking business Coutts International, as the Swiss private bank continues to rebuild its asset base in the aftermath of the financial crisis.
RadioShack Corp's rescue deal to keep 1,740 stores open was attacked on Thursday by the bankrupt retailer's top creditor, a failed bidder who called the auction a sham and sought a new sale.
Amazon.com (AMZN.O) is in talks to buy online luxury retailer Net-a-porter in what could be the biggest acquisition yet for the e-commerce giant, but the negotiations are in early stages and could fall apart, Forbes reported, citing a person familiar with the matter.
Ketchup maker H.J. Heinz Co, backed by Warren Buffett's Berkshire Hathaway Inc (BRKa.N) and Brazilian private equity firm 3G Capital, will combine with Kraft Foods Group Inc
Italian tyre maker Pirelli (PECI.MI), which is being bought by China National Chemical Corp (ChemChina), does not plan to pay a special dividend to its shareholders as part of the buyout plan, two sources with direct knowledge of the matter said.
Borse Dubai [BRSDB.UL], the biggest investor in the London Stock Exchange is selling its stake in the British exchange, which will raise around 1.5 billion pounds ($2.23 billion).
Kraft Foods Group Inc, the maker of Velveeta cheese, will merge with ketchup maker H.J. Heinz Co, owned by 3G Capital and Warren Buffett's Berkshire Hathaway Inc, to form North America's third-largest food and beverage company.
Spain's Telefonica (TEF.MC) said it had finalised a deal to sell its British mobile business O2 to Li Ka-shing's Hutchison Whampoa (0013.HK) for 10.25 billion pounds ($15.2 billion), confirming details announced earlier this year.
