Citigroup Inc. and Guy Hands’s Terra Firma Capital Partners Ltd. will litigate their dispute over the 2007 sale of EMI Group Ltd. in the U.K., both sides said after agreeing to drop a $2.2 billion case awaiting retrial in New York.
Box Inc., the cloud storage and collaboration company that’s headed for an initial public offering, projects revenue this year to double to more than $200 million, according to people with knowledge of the matter.
Buyout firms CVC Capital Partners Ltd. and Carlyle Group LP are awaiting the outcome of Wm Morrison Supermarkets Plc’s property review next week as they evaluate a bid for the U.K. grocer, said people familiar with the matter.
Evonik Industries AG, Germany’s second-largest chemical maker, set a full-year earnings goal below analyst estimates as Chief Executive Officer Klaus Engel battles stagnant prices with an extended savings drive.
ISS Holding A/S has demand for all the shares being sold in an initial public offering valuing the cleaning company at as much as 31.7 billion kroner ($5.8 billion), according to two people with knowledge of the matter.
Atlas Copco AB said British vacuum- pump maker Edwards Group Ltd., acquired in August, increased profitability last year and will further benefit from the combination with the world’s largest maker of air compressors.