Bloomberg Pinterest Inc. is seeking to raise as much as $1.28 billion in an US initial public offering that could value the company below the amount it reached in its last private valuation. The maker of online inspiration boards is offering 75 million shares for $15 to $17 apiece, according to a filing on Monday. Based on the total number ...

Bloomberg Investment firms Intermediate Capital Group and Merieux Equity Partners have agreed to acquire Italian generics drugmaker Doc Generici from CVC Capital Partners for an undisclosed amount. The pharmaceutical company may have been valued at about 1.1 billion euros ($1.2 billion), people familiar with the matter said previously. Bloomberg reported last week that ICG and CVC were close to a ...

Bloomberg Germany’s economy will grow by less than half the rate previously expected this year, and risks to outlook include global trade disputes and a disorderly Brexit, according to the nation’s five leading research institutes. The gross domestic product of Europe’s largest economy will expand by 0.8 percent in 2019, the institutes predicted in their latest outlook published in Berlin. ...