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Exclusive: Eurazeo hires banks for $2.2 billion sale of payments firm Planet - sources

European buyout fund Eurazeo has hired Citigroup and Evercore to prepare the sale of its payments business Planet in a deal that could value the Irish firm at up to 2 billion euros ($2.22 billion), three sources told Reuters......»»

Category: topSource: reutersJan 22nd, 2020

After India"s Amazon snub, Modi"s party slams Bezos-owned Washington Post

Indian Prime Minister Narendra Modi's ruling party on Friday slammed editorial policies of billionaire Jeff Bezos-owned Washington Post, even as his e-commerce firm Amazon announced plans to create a million jobs in the country by 2025......»»

Category: topSource: reutersJan 17th, 2020

Energy Pipeline Firm Takes $4 Billion Private Equity Buyout

Energy pipeline operator Tallgrass Energy Partners has agreed to be acquired by affiliates of Blackstone for about $4 billion in cash......»»

Category: blogSource: 247wallstDec 17th, 2019

Bloomberg has reportedly spent $8 billion on Democratic politics and philanthropy over the years

REUTERS/Brian Snyder Michael Bloomberg has spent massive portions of his approximately $55 billion net worth on influential groups surrounding the Democratic party, the Washington Post reports.  Some of the key benefi.....»»

Category: topSource: businessinsiderDec 15th, 2019

Buyout group stands firm on $3.4 billion offer for satellite company ahead of deadline

The buyout group looking to take Inmarsat private refuses to raise its offer despite pressure from hedge funds.....»»

Category: topSource: marketwatchDec 2nd, 2019

Britain"s competition watchdog reviewing Google"s Looker buyout deal

Britain's competition watchdog on Monday said it was probing Google's $2.6 billion buyout of privately held big-data analytics firm Looker Data Sciences......»»

Category: topSource: reutersDec 2nd, 2019

Tech Data shares jump 12% after $6 billion buyout from Apollo

Shares of multinational tech distribut.....»»

Category: topSource: marketwatchNov 29th, 2019

Britain set to approve £4 billion U.S. takeover of defense company Cobham

U.S. buyout firm Advent International will address national security concerns raised by Britain’s business secretary.....»»

Category: topSource: marketwatchNov 19th, 2019

Apollo Global Management to buy Tech Data for $5.4 billion

Apollo Global Management said it is going to buy Tech Data for $5.4 billion, or $130 a share. The deal represents a 24.5% premium to its 30-day average closing price ending Oct. 15, before there was speculation of a buyout. Tech Data closed Tues.....»»

Category: topSource: marketwatchNov 13th, 2019

Black sees Apollo doubling assets to $600 billion in five years

Leon Black, co-founder of Apollo Global Management Inc., said the firm is on course to almost double its assets under management to $600 billion in five years. The target “does not represent the end... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 8th, 2019

Factbox: How TikTok, caught in U.S. regulatory crossfire, rose to global video stardom

Short video-sharing app TikTok has become the latest Chinese firm caught in U.S. regulatory crossfire, with Washington launching a national security review of its $1 billion acquisition of U.S. social media app Musical.ly......»»

Category: topSource: reutersNov 4th, 2019

Ken Fisher says no lay-offs despite withdrawals over his remarks

Fisher Investments founder Ken Fisher said there will be no lay-offs at his Washington state investment firm despite some $3 billion in withdrawals by pension funds and others over allegedly sexist remarks he made at an investor conference......»»

Category: topSource: reutersOct 28th, 2019

Report: Private equity firm eyes Tech Data for potential $5 billion acquisition

Private equity firm Apollo Global Management LLC is potentially interested in buying Tampa Bay's largest public company, according to a Tuesday report from Reuters. New York-based Apollo has approached Clearwater-based Tech Data Corp. (NASDAQ: TEC.....»»

Category: topSource: bizjournalsOct 15th, 2019

Buyout firm Thoma Bravo adds Sophos to its cybersecurity chest with $3.8 billion deal

U.S. private equity firm Thoma Bravo is adding Sophos Group to its cybersecurity stable, announcing on Monday a buyout deal that values the British maker of antivirus and encryption products at about $3.8 billion......»»

Category: topSource: reutersOct 14th, 2019

Hedge Fund and Insider Trading News: David Tepper, Joel Greenblatt, Seth Klarman, Bain Capital, Dollar Tree, Inc. (DLTR), Carnival PLC (CUK), and More

Hedge Funds and Bad Tactics Kill $4.4 Billion Deal (Bloomberg) The heated auction between buyout firm Bain Capital and Austria’s AMS AG .....»»

Category: topSource: insidermonkeyOct 7th, 2019

U.K. launches security probe into U.S. buyout group Advent’s £4 billion Cobham takeover

The U.K. government has ordered an investigation into the £4 billion acquisition of defense manufacturer Cobham by U.S. private equity firm Advent International on national security grounds......»»

Category: topSource: marketwatchSep 18th, 2019

Are Alder Shareholders Getting Enough in the Buyout?

Alder Bio shares skyrocketed on Monday after the firm announced that Lundbeck would be acquiring it. The transaction is valued at up to $1.95 billion and is expected to close in the fourth quarter of........»»

Category: blogSource: 247wallstSep 16th, 2019

Exclusive: KKR explores $5 billion sale of Epicor Software - sources

Buyout firm KKR & Co Inc is exploring a sale of Epicor Software Corp that could value the U.S. enterprise resource planning software provider at close to $5 billion, including debt, people familiar with the matter said on Thursday......»»

Category: topSource: reutersAug 22nd, 2019

Why Hilton Grand Vacations" Shares Popped 12.4% Today

What happened Shares of Hilton Grand Vacations NYSE HGV jumped as much as 12 4 after rumors swirled about a potential buyout At 12 45 p m EDT the stock remained up 10 4 on the day So what According to The New York Post Apollo Global one of the world.....»»

Category: futuresSource: nasdaqAug 20th, 2019

Apple to Boost 5G with $1 Billion Intel Buy—But is it Real?

The news that Apple is lining up Intel’s smartphone modem chip business for a $1 billion buyout has sent shockwaves through the tech industry, with some calling it a pivotal moment for… The post Apple to Boost 5G with $1 Billi.....»»

Category: topSource: redherringJul 24th, 2019