|Bid||33.90 x 100|
|Ask||35.45 x 500|
|Day's Range||34.31 - 34.71|
|52 Week Range||23.33 - 35.09|
|PE Ratio (TTM)||16.96|
|Dividend & Yield||3.48 (10.11%)|
|1y Target Est||N/A|
HNA Group, the Chinese airline-to-banking conglomerate, has tapped investment bank Goldman Sachs to list Pactera, the Beijing-based IT outsourcing firm it bought from private equity firm Blackstone, sources familiar with the matter said. The mandate for the U.S. initial public offering of Pactera, bought for $675 million in cash last year, is not yet official, the sources said, but the listing could come early next year.
Blackstone Group (BX.N) is in advanced talks to pay $400 million for 40 percent of privately held Israeli firm NSO Group, a maker of spyware for mobile devices, Israel's Calcalist business newspaper reported on Sunday. Another investor – ClearSky – is expected to join Blackstone in the deal as a secondary buyer for 10 percent, Calcalist said. An NSO spokesman said he could not confirm the report.
Flavio Cattaneo, chief executive of Telecom Italia SpA , is thought to be seeking an exit payout of about 30 million euros amid reports of a clash with majority shareholder Vivendi SA, as he becomes the second head to leave the company in less than two years. British advisory boutique DuCanon has arranged its first deal by helping to seal the 600 million pound buyout of an exhibitions organiser Clarion Events by Blackstone Group Lp .