Private equity giant Blackstone has made an improved offer for Hipgnosis Songs Fund with a proposed $1.5bn deal to acquire the troubled music rights owner, topping a $1.4bn bid made last week by music rights investor Concord, according to a report by Bloomberg. The...
Private equity firm GTCR has agreed to pay $2.7 billion to buy AssetMark Financial in a deal that would take the wealth management platform private more than five years after its initial public offering. The acquisition, announced on Thursday, will help expand...
TDR Capital is closing in on a deal to buy gas-station billionaire Zuber Issa’s stake in Asda as the private-equity firm tightens its grip on one of Britain’s biggest supermarket chains, according to people familiar with the discussions. The agreement for Issa’s 22.5%...
Warsaw-based investment firm bValue has announced the closing of its third fund, bValue Growth (BVG), at €90 million to support technological companies in Poland and across Central and Eastern Europe. bValue was founded in 2016 by Maciej Balsewicz as early-stage tech...
The US asset manager will sell a 71.25% stake in drug wholesaler Geo-Young, the corporate value of which is around $1.4 billion. Private equity giant Blackstone Inc. is set to mark its first exit from South Korea by selling a 71.25% stake in the holding firm of...