Automotive software maker CDK Global Inc said on Thursday it would be taken private by Brookfield Business Partners for $6.41bn in cash. The deal will pay CDK investors $54.87 for each share held, a premium of 12% to the company’s closing price on Wednesday. The...
Veleta Capital and funds managed by Oaktree Capital Management announced the formal launch of a strategic joint venture, Veleta Capital Partners, creating a premier institutional lending platform for multifamily and commercial real estate assets. Oaktree has also...
BlackRock is seeking as much as $2bn for a new co-investment fund, as it builds on a strategy gaining traction in the private equity industry. The PE giant has already raised more than $300 million for the new vehicle, according to people familiar with the...
Morrisons’ private equity owners will carve up the business and sell £500m worth of manufacturing and distribution sites. Clayton, Dubilier & Rice is appointing advisers to oversee the disposal of the plants in a process set to begin ‘imminently’, according to Sky...
Climeworks, a Swiss carbon dioxide removal startup, has raised a $650m round — the largest investment ever into a carbon capture startup. Climeworks, a Swiss carbon dioxide removal startup, has raised a $650m round — the largest investment ever into a carbon capture... 