Private equity giant Baring, which owns the software firm Hexaware Technologies, is set to pick the $3bn offer from the Carlyle Group for the city-based company, according to a person with direct knowledge of the matter. The Carlyle Group – the Washington-based...
Toast filed for an initial public offering (IPO) on Friday, as the start-up that sells software to help restaurants with online ordering looks to cash in on the surge in demand for food delivery since the start of the COVID-19 pandemic. Toast’s IPO will follow...
Electric vehicle maker Rivian said it has confidentially filed paperwork with regulators for an initial public offering, setting the stage for a blockbuster year-end market debut as it looks to tap into a red-hot IPO market in the U.S. Rivian, which counts Amazon.com...
Under an agreement announced between the Onex Corporation’s private equity arm and TA Associates, RIA consolidator Wealth Enhancement Group’s current majority owner is selling part of its stake in the Minneapolis-based firm. Onex and TA Associates, which purchased...
BlackRock is gearing up for the first test of Chinese investor appetite for its own mutual fund products, more than 15 years after entering the world’s most promising wealth market. The company’s new China unit is launching its debut product just two months after... 