Abrdn has set up a new unit that will focus on taking equity stakes in companies, becoming the latest investment giant seeking to profit from an ongoing private equity boom. The 530 billion-pound ($713 billion) asset manager created the new unit after completing a...
The parent company of Boots, Britain’s biggest high street chemist, is to explore a sale of the business next year that could value it at well over £5bn. Sky News has learnt that Walgreens Boots Alliance (WBA) is lining up Goldman Sachs, the Wall Street bank, to...
Private equity firm CVC Capital Partners is working on a possible float that could value it at more than $15bn. CVC, which is based in London and has $125 billion in assets under management, is understood to be working on a stock market listing with Goldman Sachs. Get...
Six months after closing the first part of its Series B funding round, India’s largest electric two-wheeler maker Hero Electric is evaluating plans to raise fresh capital as demand soars in a booming EV market. “This time around, they are targeting a bigger amount and...
TSG Consumer Partners, one of the oldest private-equity firms focused on investing in consumer-products companies, is pitching its ninth core buyout fund. The San Francisco-based firm is seeking $5 billion for the new fund, TSG9 LP, people familiar with the...