Blackstone Inc. is in talks about a potential merger of its European building materials retailer with a similar business owned by CVC Capital Partners, people with knowledge of the matter said. New York-based Blackstone is discussing a possible combination of the...
Two families behind 3G Capital are major shareholders in an $8.8bn shoemaker backed by Roger Federer that sells a $200 pair of sneakers named for the tennis legend. Marc Lemann, son of 3G Capital founder Jorge Paulo Lemann, and Carlos Alberto Sicupira, who co-created...
BlackRock outlined new tools and investment strategies it will create to help clients navigate the net-zero transition in a client letter Thursday. The letter was sent to clients who have expressed an interest in how they can best invest during the transition,...
Budget carriers Frontier Group Holdings and Spirit Airlines unveiled plans to create the fifth-largest U.S. airline in a $2.9bn tie-up likely to tighten competition against traditional carriers. Franke’s private equity firm Indigo Partners, which is...
Bumble Inc said on Monday it has bought France’s Fruitz in its first acquisition, as the dating app company tries to strengthen its foothold in Europe, where it plays catch-up with Tinder owner Match Group. The financial terms of the deal were not disclosed. Launched... 