Fanatics has raised $1.5bn in new financing, which now values the U.S. sports platform at $27 billion, sources familiar with the matter said on Wednesday. Some of the investors in the latest round include BlackRock , Fidelity and Michael Dell’s private investment firm...
51job agreed to accept a lowered takeover offer from a private equity consortium valuing the Chinese online recruitment company at $4.3bn. An investor group backed by DCP Capital Partners and Ocean Link Partners reached a deal to buy the Nasdaq-traded firm for $61 per...
Private equity giant KKR and Pembina Pipeline have agreed to merge their western Canadian natural gas processing assets in a $8.9bn deal that will create a natural gas processing heavyweight and aims to take advantage of rising prices for the commodity. The...
Morgan Stanley has raised $2bn for its latest private equity fund North Haven Capital Partners VII from investors including clients of its wealth-management arm and institutions. “Our multiyear industry evaluations and deep sector focus has resulted in an industry...
Due to the still relatively low interest rate environment as well as overall market performance, wealth management clients are on the lookout for alternative sources of revenue and portfolio diversification. To achieve these goals, individual investors are... 