Liana B Baker
Stories by Liana B Baker
China’s Wanda Sports considering $1b sale of Ironman Triathlon
Wanda is working with an adviser and has held discussions with some PE buyers.
SoftBank ropes in Houlihan Lokey to advise on WeWork restructuring
WeWork prefers a plan led by JPMorgan Chase & Co. to arrange a $5 billion financing package to a Softbank-led rescue package.
SoftBank’s Son to tap COO Marcelo Claure to help turn around WeWork
In Claure, Son would be tapping an executive with a track record of fixing companies and overseeing his firm’s investments.
Mizuho said to hire RBC tech banker Michal Katz for senior US role
Katz will report to Gerald Rizzieri, president and chief executive of Mizuho Securities in New York.
China’s Starbucks rival Luckin raises $561m in US offering
The IPO is one of the 10 largest in the U.S. this year among a surge of listings.
Goldman’s China-backed fund buys US firm amid trade tensions
The bank is managing a private equity fund called China-U.S. Industrial Cooperation Partnership that it launched with state-owned China Investment Cor
Enterprise messaging platform Slack makes confidential filing to go public
Slack is said to be still planning to pursue a direct listing as opposed to a traditional IPO as early as the spring.
Logitech ends negotiations to acquire headphone maker Plantronics
Logitech and Plantronics were hoping to successfully conclude negotiations this week, but Logitech's board decided on Sunday to walk away from the pot
S Arabia’s PIF eyes $700m stake in US studio Legendary Entertainment
Despite the hurdles presented by Khashoggi's killing, PIF believes Legendary's majority owner, China's Dalian Wanda Group, will be open to a deal.
IBM to acquire software company Red Hat for $34b
The transaction is by far IBM's biggest acquisition as the firm seeks to diversify its technology hardware and consulting business into higher-margin
