CRH sells US glass business for $3.8bn to KPS Capital Partners

CRH sells US glass business for $3.8bn to KPS Capital Partners

Building materials firm CRH has agreed to sell its US-based unit that manufactures glass products to private equity firm KPS Capital Partners for $3.8bn. CRH is the world’s second-largest building materials supplier. The business being sold makes architectural...
Omers posts 15.7% return with surge in private equity, stocks

Omers posts 15.7% return with surge in private equity, stocks

The Ontario Municipal Employees Retirement System returned 15.7% last year, driven by gains in its private equity and stock holdings. The increase, which exceeded the 6.6% benchmark, pushed net assets to $121 billion (US$95.4 billion). Net investment income stood at...
E-grocer Weee! raises $425m in funding round led by SoftBank

E-grocer Weee! raises $425m in funding round led by SoftBank

E-grocer Weee! has raised $425m in a late-stage funding round led by SoftBank Vision Fund 2, riding on investor interest in a sector that has been one of the biggest winners of the pandemic. Greyhound Capital and existing shareholders also took part in the round that...