The takeover battle between tobacco giant Philip Morris and private equity firm Carlyle for inhaled treatments maker Vectura will not be heading to the auction ring on Wednesday after Carlyle said it will not raise its bid. U.S.-based Carlyle on Tuesday declared final...
Fanatics Inc. raised a new round of funding valuing the online sports-merchandise retailer at $18bn, people familiar with the matter said, roughly tripling its valuation from a year ago as it works to expand into new business lines, including sports betting. The...
Sands Capital held a first and final closing of its second life sciences dedicated fund, Sands Capital Life Sciences Pulse Fund II, L.P., raising $560m. This close increases total Pulse Strategy assets under management to more than $950m, including Sands Capital Life...
Private equity firm Clearlake Capital is to take cloud computing and management software provider Cornerstone OnDemand private in a deal worth $5.2bn. Under the terms of the deal, Cornerstone shareholders will receive $57.50 per share in cash, a 15 percent premium...
Blackstone Group, Apollo Global Management and KKR are among lenders providing a $1.8bn loan to back Thoma Bravo’s leveraged buyout of Medallia, the latest in a series of giant-sized deals in the direct-lending market over the past few weeks. The unitranche loan... 