French insurance broker April Group said private equity firm KKR & Co. has become its new majority shareholder, according to a statement posted on its website. The statement, which confirmed a Bloomberg News report, didn’t disclose deal terms. KKR is valuing the...
Whisper it, but biotech SPACs appear to be back in fashion. The latest is cancer-focused Aum Biosciences, which is merging with blank check company Mountain Crest Acquisition to put its MNK and TRK inhibitors into phase 2 testing. The transaction—which is expected to...
Apollo announced that it has closed on $2.4bn in commitments for the Apollo Accord+ Fund, its commingled multi-asset opportunistic credit offering. These new commitments bring total fundraising for the overarching Accord strategy to approximately $11bn since...
Private equity firm Stonepeak Partners is aiming to raise between $15bn and $20bn for its next flagship North American infrastructure fund to invest in assets such as utilities, data centers, ports and railways, according to people familiar with matter. The...
Credit Suisse has issued 462m new shares to qualified investors at 3.82 Swiss francs ($4.05) per share, the bank said on Thursday, outlining details of its 4 billion franc capital hike. The capital increase, which was approved by investors on Wednesday, is intended to... 