Stone Point Capital and GIC are nearing a deal to buy retirement and savings account provider Ascensus for about $3 billion, according to people familiar with the matter. The investment firms could announce a transaction for the company as soon as this week, said the...
Carlyle Group, one of the original private-equity powerhouses, has had a rocky stretch as a public company. The Washington, D.C., firm’s shares have significantly underperformed since its 2012 initial public offering. Though they have more than tripled over the...
Investors who bought into the special-purpose acquisition company, Churchill Capital Corp. III, that took a healthcare-services company, MultiPlan, public last year in an $11 billion deal have suffered steep losses. Promoters of the SPAC still stand to make millions....
In a move that raised many eyebrows, Indian real estate recorded its highest-ever PE investments since FY16. Despite the pandemic impacting all sectors, more than $6.27 billion were pumped into the real estate sector in financial year 2021 (FY21), as against $5.8...
Football bosses are kicking off talks about the future of the Women’s Super League (WSL) that could trigger a bidding war between private equity investors. At least two private equity firms, Bridgepoint and CVC Capital Partners, have already expressed an... 