Nvidia Corp’s planned $40bn acquisition of British chip designer ARM hit a major hurdle on Friday after a UK regulator found it could damage competition and weaken rivals, and required a further lengthy investigation. Struck in September last year, the deal for...
US private equity giant Blackstone has entered exclusive negotiations to acquire a majority stake in leading asset and wealth management firm ASK Group which is backed by rival private equity firm Advent International. “Post the submission of binding bids by various...
Investment-fund billionaire William Ackman, who launched the largest-ever special-purpose acquisition company with an aim of landing a big target to take public, may now return its funds to shareholders in the face of a lawsuit questioning the vehicle’s legality. Mr....
Private equity companies are circling British supermarket group Sainsbury’s with a view to possibly launching bids of more than $9.53bn, The Sunday Times reported. American buyout giant Apollo is said to be running the rule over the supermarket group, the...
CVC Capital Partners is nearing a deal to sell a minority stake to investment firm Blue Owl Capital in a transaction valuing the European buyout firm at around $15bn, people familiar with the matter said. The private equity firm could reach an agreement on a stake...
