Bain Capital Postpones $700m Virgin Australia IPO Until Next Year

Bain Capital Postpones $700m Virgin Australia IPO Until Next Year

Bain Capital has put off its plans for an initial public offering of Virgin Australia airline to next year, a person with knowledge of the matter said on Tuesday. The U.S.-based private equity firm will consider listing in 2024 after assessing market conditions, said...
Mubadala Plans to Invest $1bn a Year in Brazil

Mubadala Plans to Invest $1bn a Year in Brazil

Mubadala Capital, the investment arm of Abu Dhabi’s sovereign wealth fund, is bullish on Brazil’s growth prospects under President Luiz Inacio Lula da Silva and plans to invest more than $1bn a year to expand its holdings in the country that range from an oil refinery...
Apax Partners Acquires Bazooka Candy Brands for $700m

Apax Partners Acquires Bazooka Candy Brands for $700m

Bazooka Candy Brands, a nonchocolate confectionary brand, has been acquired by Apax Partners LLP—a global private equity advisory firm—from former owners Michael D. Eisner’s Tornante Co. and funds affiliated with Madison Dearborn Partners. Also effective upon the...