(Reuters) – KinderCare Learning Companies, a provider of early childhood education, filed for an initial public offering (IPO) in the United States on Friday. This marks KinderCare’s second attempt at going public, as the company had first filed to list its shares in 2021 but abandoned its bid last year. A consortium of twelve banks, led by Goldman Sachs, Morgan Stanley, Barclays, and J.P. Morgan, is underwriting the IPO. The company aims to list its … Read more…

By Darya Korsunskaya (Reuters) – Russia’s economy ministry has revised up its 2024 forecasts for export sales of oil and gas, key sources of budget revenues, by $17.4 billion from the previous estimate to $239.7 billion thanks to a more positive price outlook, a document seen by Reuters showed. The improved expectations for Russia’s oil and gas business underscore how the West has struggled to inflict lasting damage on Russia’s economy through unprecedented sanctions, including … Read more…

By Milana Vinn NEW YORK (Reuters) – A private equity consortium including Vista Equity Partners and Blackstone is in talks to acquire Smartsheet, a U.S. maker of workplace collaboration software with a market value of about $7 billion, people familiar with the matter said on Thursday. A deal could be signed in the coming weeks if the talks don’t fall apart, the sources said, requesting anonymity as the discussions are confidential. The terms being discussed … Read more…

By Laura Matthews NEW YORK (Reuters) – A shift to shorter settlement for U.S. securities transactions earlier this year had a greater-than-anticipated impact on market participants across the board, with Europe reporting the greatest hit, a Citigroup survey showed. The U.S. sped up its settlement cycle in May, requiring that equities, corporate and municipal bonds and other securities transactions settle one business day after the trade, instead of two, or T+1. The transition “was more … Read more…