Ardian Shelves $3bn Sale of Health IT Firm Dedalus

Ardian Shelves $3bn Sale of Health IT Firm Dedalus

Ardian is shelving the planned sale of a majority stake in Italian health-care software provider Dedalus, people with knowledge of the matter said. The Paris-based buyout firm is putting the process on hold due to valuation and financing concerns, the people said,...
Florida adopts anti-ESG rule for state’s $186bn pension plan

Florida adopts anti-ESG rule for state’s $186bn pension plan

Florida Gov. Ron DeSantis’ administration on Aug. 23 approved a resolution to bar the state’s $186bn pension fund from considering environmental, social or governance factors when making investment decisions. The resolution came amid red-state criticism of...