Mutual Fund Center

Inmarsat has received a cash takeover offer from Apax Partners, Warburg Pincus International and Canada Pension Plan Investment Board (CPPIB), the British satellite company said on Tuesday, valuing the business at about $3.3 billion.

The following are mergers under review by the European Commission and a brief guide to the EU merger process:

Glossier Inc, the online cosmetics company with a cult following among millennials, was valued at over $1 billion in a latest funding round led by Sequoia Capital, joining a clutch of billion-dollar makeup brands that are powered by the founders' social-media popularity.

A prominent U.S. investor being held in Russia on embezzlement charges has asked U.S. diplomats not to defend him because he is worried about his case becoming politicised, a prison monitor who visited him in custody said on Tuesday.

Barclays Plc said on Tuesday it had hired Robert Peck, an investment banker focused on the internet space who previously worked at Credit Suisse Group AG , the second internet banker it has hired in the past two months.

Glossier Inc has raised $100 million in a funding round led by Sequoia Capital, it said on Tuesday, as the millennial-favorite cosmetics company readies new products after doubling sales last year.

Blackstone Group has raised $695 million from Mexican pension funds for its first two local private equity funds, filings showed, joining Black Rock and KKR & Co in expanding in Mexico following regulatory changes.

* SLA shares up 1.4 pct, Lloyds shares up 0.2 pct (Adds analyst reaction, share reaction, bullet points)