Advertisements


We are Sorry, This Page doesn't Exist


United Airlines to offer $2.25 billion bonds in private deal

United Airlines Holdings Inc said it plans to raise $2.25 billion through a bond offering as it grapples with a slump in air travel demand due to government-mandated lockdowns across the world......»»

Category: topSource: reutersMay 6th, 2020

L Brands calls off Victoria"s Secret sale, plans to spin off brand instead

The sale of Victoria's Secret is officially off. L Brands Inc. announced Monday afternoon it had reached an agreement with New York-based private equity firm Sycamore Partners LLC to cancel the sale of a 55% stake in the lingerie brand. Sycamore Par.....»»

Category: topSource: bizjournalsMay 4th, 2020

L Brands calls of Victoria"s Secret sale, plans to spin off brand insteadf

The sale of Victoria's Secret is officially off. L Brands Inc. announced Monday afternoon it had reached an agreement with New York-based private equity firm Sycamore Partners LLC to cancel the sale of a 55% stake in the lingerie brand. Sycamore Par.....»»

Category: topSource: bizjournalsMay 4th, 2020

A private jet operator says it plans to offer pre-departure coronavirus tests to passengers "very soon"

David Slotnick/Business Insider Private jet operator VistaJet is working with pharmaceutical companies to provide coronavirus tests for passengers and crew before each flight, CEO Thomas Flohr told Business Insider in an interview. The.....»»

Category: topSource: businessinsiderMay 2nd, 2020

US Will Bar Hedge Funds, Private Equity Firms From Small Business Loan Program

US Will Bar Hedge Funds, Private Equity Firms From Small Business Loan Program Update (04/24/2020): The US will bar hedge funds from participating in the Paycheck Protection Program (PPP), along with private equity firms, as they .....»»

Category: blogSource: zerohedgeApr 24th, 2020

Expedia nears deal to sell stake to Silver Lake and Apollo

Expedia Group Inc. is in advanced talks to sell a stake to private-equity firms Silver Lake and Apollo Global Management Inc. after the widespread travel bans caused by the coronavirus pandemic ravaged the online-booking company’s business......»»

Category: topSource: foxnewsApr 21st, 2020

The Wall Street Journal: Expedia near deal to sell stake to private-equity firms

Expedia Group Inc. is in advanced talks to sell a stake to private-equity firms Silver Lake and Apollo Global Management Inc. after the widespread travel bans caused by the coronavirus pandemic ravaged the online-booking company’s business......»»

Category: topSource: marketwatchApr 21st, 2020

Their Stories: José María Loizaga Viguri, the father of Spanish private equity, lived for more than just return on investment

His legacy will be his human way of doing business and the familial atmosphere that he fostered at work......»»

Category: topSource: marketwatchApr 15th, 2020

Kymco Capital focuses on investment in mobility service ecosystem

China-based Kymco Private Equity Management (Kymco Capital) focuses investment in enterprises in the ecosystem of providing mobility services, according to company general manager and managing partner Gary Ding......»»

Category: topSource: digitimesApr 15th, 2020

One of St. Louis’ largest private companies closes on $320M raise

St. Louis IT services provider TierPoint said Tuesday that it has closed on $320 million in preferred equity investments. TierPoint in March announced the funding, targeting a mid-April closing. New investors Argo Infrastructure Partners, Wafra a.....»»

Category: topSource: bizjournalsApr 14th, 2020

Now Private Equity Wants In on the Bailout? Spare Me

The industry is lobbying hard for its portfolio companies to be eligible for $377 billion of small-business loans. It should get to the back of the line......»»

Category: topSource: washpostApr 2nd, 2020

DXC to offload health business for $5B in cash

Tysons IT services giant DXC Technology Co. (NYSE: DXC) is selling its state and local health business to private equity firm Veritas Capital for $5 billion in cash. DXC said Tuesday it would use the proceeds from the sale to pay down debt. The c.....»»

Category: topSource: bizjournalsMar 11th, 2020

JPMorgan on the hunt; private equity"s data culture clash; Symphony"s plan to woo the buy side

     See the rest of the story at Business InsiderNOW WATCH: WeWork went fr.....»»

Category: topSource: businessinsiderFeb 29th, 2020

Tesla Supplier CATL Plans To Raise $2.85B To Expand Electric Battery Business

Contemporary Amperex Technology Ltd. (CATL), a Chinese battery maker, says it wants to raise 20 billion yuan or $2.85 billion to fund battery projects and increase working capital. read more.....»»

Category: blogSource: benzingaFeb 27th, 2020

Exclusive: Germany"s Stada buys 15 GSK consumer health brands

Private equity-backed generic drugmaker Stada said it has agreed to buy 15 consumer healthcare products from British drugmaker GlaxoSmithKline to further strengthen its prescription-free drugs business in Europe......»»

Category: topSource: reutersFeb 24th, 2020

LogMeIn lays off more than 300 workers, including dozens in Boston

Two months after agreeing to be acquired by a private equity firm, communications software firm LogMeIn Inc. told the Business Journal that it's cutting around 300 workers, including 64 in its Boston headquarters. Craig VerColen, vice president of .....»»

Category: topSource: bizjournalsFeb 20th, 2020

HSBC targets the globally mobile with $1.4 trillion wealth business

HSBC plans to invest heavily in its newly combined retail and private banking business as it targets internationally minded customers in markets such as China, the United States and Singapore, the unit's Chief Executive Charlie Nunn told Reuters......»»

Category: topSource: reutersFeb 20th, 2020

L Brands To Sell Victoria"s Secret For $1.1B

L Brands Inc. (NYSE: LB) is close to selling Victoria’s Secret to a private-equity company. The lingerie maker will operate as a private business post-sale. read more.....»»

Category: blogSource: benzingaFeb 20th, 2020

Palo Alto private equity firm buys RSA security business from Dell for $2.1B

Dell Technologies Inc. will sell its Masachusetts-based cybersecurity unit RSA for $2.08 billion in cash to a consortium of investors led by Palo Alto-based Symphony Technology Group as the computer makers tries to streamline its business. Joining.....»»

Category: topSource: bizjournalsFeb 19th, 2020

Dell close to deal to sell RSA for $2 billion--WSJ

Dell Technologies Inc. is close to a deal to sell its RSA cybersecurity business for more than $2 billion to private equity firm STG Partners LLC, accord.....»»

Category: topSource: marketwatchFeb 18th, 2020