Intel and Canada’s Brookfield Asset Management agreed to jointly fund up to $30bn for the U.S. chipmaker’s leading-edge chip factories in Arizona, fueling Intel’s ambition to bring more chip production onshore without weighing on its balance sheet....
The private-equity firm Blackstone Group bought a minority stake in Sunstone Hotel Investors, which owns and operates 15 U.S. hotels, according to financial documents filed last week. The investment was notable less for its size than what it indicated about market...
Japan’s Olympus Corp is close to selling its microscope unit to a private equity firm in a deal that could fetch more than $2.2bn, three people with direct knowledge of the matter told Reuters. Bain Capital has emerged as the frontrunner, said one of the people and a...
Ampersand Capital Partners is pleased to announce the closing of the firm’s latest fund, Ampersand 2022 Limited Partnership, with $1.2bn in limited partner commitments. This fund, which is Ampersand’s eleventh primary fund since 1992, was significantly...
Computer Services, a provider of end-to-end fintech solutions, announced that it has entered into a definitive agreement to be acquired by Centerbridge Partners and Bridgeport Partners in an all-cash transaction valued at approximately $1.6bn. The transaction follows...