Shares in Scandinavian Airlines dropped more than 90% after the ailing carrier announced new shareholders in a restructuring scheme that will see the company delisted and existing ownership stakes erased. The rescue deal involving airline alliance Air France-KLM and...
Private equity firms Blackstone Inc , EQT and THL Partners are competing against large U.S. industrial automation firms to acquire German power electronics firm EA Elektro-Automatik, according to people familiar with the matter. Emerson Electric Co (EMR.N), Keysight...
Brookfield Asset Management announced today the closing of its latest flagship global private equity program, Brookfield Capital Partners VI (“BCP VI” or the “Fund”). With $12bn in total capital raised for the strategy, BCP VI is the largest private equity fund raised...
Neighbourly Pharmacy Inc. has agreed to a deal to be taken private by its largest shareholder, just two years after the pharmacy network debuted on the stock exchange during the pandemic boom of initial public offerings. Persistence Capital Partners (PCP), which...
abrdn’s US subsidiary has completed the sale of its US private equity and venture capital capabilities to US-based alternative investment boutique HighVista Strategies. In a statement, the firm said the sale involves the transfer of approximately $4bn in assets under... 