French payments company Worldline has entered exclusive talks to sell its TSS terminals business to U.S. firm Apollo Funds in a deal potentially worth around $2.6bn, lifting Worldline’s shares. Analysts welcomed the sale, which investment bank JP Morgan said...
Fortress Investment Group is plotting a $6.8bn takeover of Britain’s petrol stations giant Motor Fuel Group, Sky News reported on Saturday. The U.S.-based private equity firm is lining up advisers to work on a bid for MFG, the report said, citing unidentified...
Investors led by the co-owner of the NBA’s Boston Celtics have bought into Atalanta, the soccer team that has gatecrashed the Italian elite in recent years. Stephen Pagliuca, the co-chairman of Bain Capital, is heading the group that has bought 55% of the shares of...
The biggest private equity firms generated record profits from selling investments as markets charged ahead in 2021. It’s going to be a tough act to follow. Blackstone, Apollo Global Management and Carlyle collectively sold out of almost $150bn in deals, double that...
Celanese Corp. is nearing a deal to buy DuPont de Nemours Inc.’s mobility and materials arm in an agreement that could be announced as soon as Friday, according to people familiar with the matter. The transaction would be valued at $11bn, according to one of the... 