NEW YORK, March 19 (Reuters) - Israeli cybersecurity firm Cato Networks, which was valued at more than $3 billion in a private funding round last year, has hired underwriters for an initial public offering in New York, according to people familiar with the matter. Cato has tapped Goldman Sachs ( GS ), JPMorgan Chase ( JPM ) , and Barclays...

March 19 (Reuters) - Citigroup ( C/PN ) has sold its non-U.S. consumer businesses in nine out of 14 regions and substantially wound down three more, as the lender undergoes its biggest overhaul in more than two decades to simplify its business and boost profitability. The U.S. bank also said its Mexican consumer business was on track for a planned...

NEW YORK, March 19 (Reuters) - America's biggest publicly traded department store chains could be set for private-equity or hedge-funds ownership, dramatically changing the retail landscape in the United States. Investments in retail and consumer companies accounted for just 7% of the total U.S. private equity deal volume of $2.6 trillion in the last decade compared to nearly 15% of...

(Reuters) - Chipotle Mexican Grill ( CMG ) said on Tuesday its board had approved a 50-for-1 split of its common stock, sending the burrito chain's shares about 7% higher in extended trading. The California-based company said the stock split was subject to shareholder approval at its upcoming annual meeting on June 6. If approved, shareholders of record as of...