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Power of Google and Amazon looms over technology IPOs

Bloomberg After a years-long drought, a wave of technology startups — Uber, Lyft, Pinterest and more — are going public, evidence that the sector is thriving. But there’s a shadow hanging over almost all of them. Seventeen of the 22 tech initial public offerings that aimed to raise $100 million or more in the last 18 months mention Amazon.com Inc ...

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Blackstone nears deal for $1.1bn mortgage book

Bloomberg Blackstone Group LP is close to agreeing on a deal valued at about 950 million euros ($1.1 billion) to sell a portfolio of Spanish mortgages to CarVal Investors LLC, people with knowledge of the transaction said. CarVal’s bid topped offers from Goldman Sachs Group Inc and Elliott Management Corp, the people said, asking not to be identified as the ...

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Applied Materials to acquire Kokusai from KKR for $2.2b

Bloomberg Applied Materials Inc, one of the largest makers of machines used to make semiconductors, is to buy Kokusai Electric from KKR & Co in a deal worth about $2.2 billion. Kokusai Electric will operate as a business unit of Applied’s Semiconductor Products Group and continue to be based in Tokyo, according to a statement. The deal is expected to ...

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