euro (1)

Clessidra nears 500 mln euros for first close on Fund III

Clessidra Capital Partners, an Italian manager that has been in talks to buy a majority stake in fashion house Roberto Cavalli, is approaching 500 million euros ($543.6 million) for a first close for its latest flagship fund, according to a person with knowledge of the fundraising.

A sign of Verizon Wireless is seen at its store in Westminster, Colorado April 26, 2009.  REUTERS/Rick Wilking

peHUB Second Opinion

In Second Opinion, ESPN takes Verizon to court over the latter’s new cable plan, Mylan says no to Teva’s $40 billion takeover bid and Safeway is reportedly set to go public again this year.

A man runs past damaged houses as aftershocks of an earthquake are felt a day after the earthquake in Bhaktapur, Nepal April 26, 2015. Rescuers dug with their bare hands and bodies piled up in Nepal on Sunday after the earthquake devastated the heavily crowded Kathmandu valley, killing at least 1,900, and triggered a deadly avalanche on Mount Everest.  REUTERS/Navesh Chitrakar - RTX1AARR

peHUB First Read

First Read ushers in your week with news that the death toll of the Nepal earthquake has risen above 3,400, Cap Gemini acquires IGATE for $4 billion and Facebook’s engineering director is leaving his post to co-found a music startup.


peHUB Second Opinion

In Second Opinion, Charter Communications explores bid for Time Warner Cable, a 64-year-old engineer sues Google for age discrimination and the Statue of Liberty is evacuated after a bomb threat.


peHUB First Read

First Read ends your week with news the NASDAQ will settle its Facebook IPO lawsuit for $26.5 mln, Google’s quarterly revenue rose 12% and the Bruce Jenner story is presenting a pronoun dilemma for media outlets.

The Time Warner Cable office is shown in Carlsbad

peHUB Second Opinion

In Second Opinion, Former Hewlett-Packard CEO Carly Fiorina plans to launch herpresidential campaign on May 4, Netsuite says it will pay $200 million to acquire Bronto Software and Comcast reportedly will end its $45 billion takeover of Time Warner Cable.


peHUB First Read

First Read kicks off your morning with news that Arris Group agrees to buy British set-top box maker Pace Plc in a $2.1 billion tax inversion deal, Facebook’s mobile ad revenue jumps and Blackstone is giving new mothers more time off.

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