SoftBank Group Corp’s Vision Fund exited its bet on General Motors self-driving car subsidiary Cruise as the auto giant upped the ante, investing another $3.45bn in the loss-making unit. SoftBank’s departure, which comes as the Japanese conglomerate...
Prologis, the world’s biggest warehouse owner, has launched a bid to buy Blackstone’s portfolio of logistics properties in what would be the largest ever private real estate deal, the Financial Times reported on Monday. Prologis has made a non-binding offer of a...
Europe’s biggest private equity firm CVC Capital Partners is planning to shun London and take its multibillion-euro initial public offering (IPO) to the Netherlands. The buyout firm has told potential investors it is aiming to list on Amsterdam’s Euronext...
U.S. private equity giant Thoma Bravo has bought British enterprise software firm Anaplan for $10.7bn. The deal, announced Monday, will see Thoma Bravo pay $66 per share in an all-cash transaction. Anaplan was founded in 2006 in a barn in Yorkshire, England, by Guy...
Brookfield Asset Management’s investment vehicle said on Friday it would buy asset manager La Trobe Financial in a $1.1bn deal, as the Canadian alternative asset manager looks to expand into Australia. Brookfield Business Partners will initially pay $756m in equity... 