Nestle said to pay up to $500m to buy Blue Bottle Coffee

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Nestle will pay up to $500 million for a 68 per cent stake in the California-based company.

Qatar sovereign wealth fund cuts stake in Tiffany & Co

QIA has also recently cut its stakes in Russian energy giant Rosneft and Swiss bank Credit Suisse.


Michael Milken says private equity’s ‘golden age’ will continue

Milken also said the financial industry will probably face disruption from the digital revolution that’s upended industries globally.


Alphabet is said to consider Lyft investment of about $1b

Alphabet is also an Uber shareholder through its GV venture capital arm.


Samsung enters autonomous driving race with new business, $300m fund

Samsung has set up a strategic business unit for autonomous and advanced driver assistance services (ADAS).


UAE-based Afterschool.ae to launch $1m ICO, eyes SE Asia expansion

Afterschool noted its token sale would be the first after school program platform to create its own digital currency.


Australia: Baring PE Asia said to restart SAI Assurance sale

The buyout firm is working with adviser Greenhill & Co. to study offers for the division.


Pension funds to buy 57.7% of Copenhagen Airports from Macquarie for $1.6b

The two funds estimated the offer price would be about 5,700 crowns per share.


Updated: Fenox Venture Capital, ASUS partner to launch $50m fund

Fund will target startups in the areas of AI, IoT, Big Data, cloud computing and AR/VR.


Swiss bank Julius Baer chief sees Asia making up a third of business

The Zurich-based bank’s Asia hiring spree from last year is paying off in a “very big way”.