A majority of Playtech’s shareholders on Wednesday rejected the gambling software maker’s plan to sell its financial trading unit for up to $210m to a consortium led by Israeli private equity group Barinboim Group. The vote is a win for Playtech’s second-biggest...
Apeel, a food system innovation company recognized as a CNBC Disruptor 50 and one of Fast Company’s Most Innovative Companies, announced $250m funding led by returning investor Temasek. The company’s total funding now exceeds $635m, with a valuation over...
KKR expects to write up to $4bn of additional loans on commercial real estate in the U.S. by yearend, after closing on or committing to about $8bn of originations since the start of 2021. KKR’s head of real estate credit, partner Matt Salem, said the fund operator...
PAG will create a new digital infrastructure company after the Asia-focused private equity firm invested in $2bn of assets in the space, betting on the rising demand for data storage from the region’s fast-growing technology industry. The business will focus on the...
Bain Capital’s life sciences arm has just finished raising $1.9bn for its third investment fund. The fund also includes $300m from current and former partners of the Boston-based private equity firm, and it has begun searching for drug, biotech, and medical device...