Advent to buy 50% stake in Suven

Advent to buy 50% stake in Suven

Advent International Corp, one of the world’s largest private equity firms, is set to purchase a controlling stake in India’s Suven Pharmaceuticals Ltd for at least $763.7m, triggering an open offer to buy further shares in the family-run firm. The buyout firm agreed...
General Atlantic raises $3.5bn to invest in climate change fight

General Atlantic raises $3.5bn to invest in climate change fight

Private equity firm General Atlantic’s BeyondNetZero said it has secured $3.5bn to back companies that can help in the world’s fight against global warming. General Atlantic raised $2.6 billion from institutional investors including sovereign wealth funds...