Private equity firms Advent International and CVC Capital are teaming up to launch a joint bid to acquire Partner in Pet Food (PPF), a European animal food brand owned by Cinven, which is seeking around €2bn for the business, according to a report by The Financial...
Amazon is spending billions more to back an artificial intelligence startup as it looks for an edge in the new technology arms race. It would spend another $2.75 billion backing Anthropic, adding to its initial $1.25 billion check. Amazon is making its largest...
BLACKSTONE plans to assemble a US$25 billion portfolio of Indian private equity assets over the next five years, reflecting the South Asian country’s increasing allure to global investors. The New York-based firm also intends to add 20 investment professionals to its...
Mubadala supporting UAE’s vision to become a global leader in the life sciences sector. The acquisition of KELIX bio will reinforce the UAE’s biopharma ecosystem and increase Mubadala’s presence regionally and globally. The sold stake represents the full ownership of...
Centene said on Monday it will sell British hospital operator Circle Health Group to United Arab Emirates-based PureHealth for about $1.2 billion including debt, as the U.S. health insurer refocuses on its core business. The acquisition will help PureHealth, which is...
