Blackstone, Carlyle mull $25bn bid for Novartis generics arm

Blackstone, Carlyle mull $25bn bid for Novartis generics arm

Two private equity giants are reportedly discussing launching a joint bid for the generics unit of pharma giant Novartis, according to reports. Blackstone and Carlyle Group have discussed teaming up to launch a bid for the Sandoz generics arm of the Swiss drugmaker...
Mercer collects over $4.8bn for new fund

Mercer collects over $4.8bn for new fund

Mercer, a global leader in redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being, and a business of Marsh McLennan, announced today that it successfully raised Mercer Private Investment Partners VI, with...