SoftBank Group-backed car-sharing startup Getaround is in talks to go public through a merger with special-purpose acquisition company, Altitude Acquisition Corporation. The company has secretly asked investors to participate in the deal at a valuation of about $1.7bn...
Funds managed by affiliates of Apollo Global Management announced a $150m equity commitment to FlexGen Power Systems, a leading integration services and software technology provider for energy storage solutions in the US and globally. Apollo’s investment will...
U.S. real estate developer Related Companies has borrowed $258m from Blackstone to renovate an apartment building in Manhattan in a deal that shows confidence in the luxury housing market in New York despite the pandemic. The onset of coronavirus was difficult for...
TA Associates, a leading global growth private equity firm, entered into a definitive agreement for the $2.3bn acquisition of Smiths Medical, the medical devices and technologies business of the Smiths Group. The acquisition is conditional upon the approval of Smiths’...
Bain Capital has sold its controlling stake in South Korea’s leading Botox maker to a consortium of investors for $1.5bn as the Covid-19 pandemic fuels a surge in demand for cosmetic surgery in the country. Seoul-based Hugel, founded in 2001, is South Korea’s biggest...
