Aggreko Plc, one of the world’s biggest suppliers of portable power generators, accepted a 2.3 billion-pound ($3.2 billion) bid from a private equity consortium.
Fix Price’s initial public offering in London and Moscow will raise at least $1.7 billion, on track to be the biggest listing from a Russian company in more than a decade, possibly prompting more share sales from local issuers.
Norsk Hydro ASA, one of the world’s largest aluminum producers, is selling its rolling business to private equity firm KPS Capital Partners in the hope of improving profitability.
Gold has in little over two months gone from being a favored reflation bet to heading for its worst first quarter in almost four decades.
Credit Suisse Group AG plans to wind down its supply chain finance funds after earlier in the week suspending the funds that invest in products sourced by financier Lex Greensill over “considerable uncertainties” over the valuation of some of the assets.
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