Livingbridge swoops on Everlight Radiology, signs $500m plus deal

Livingbridge swoops on Everlight Radiology, signs $500m plus deal

Private equity firm Livingbridge is set to acquire Australian-founded teleradiology business Everlight Radiology and mark its cards as a serious player in the local buyouts scene. Street Talk can reveal Livingbridge agreed a deal to take a majority stake in Everlight...
AIG swings to profit on private-equity investments

AIG swings to profit on private-equity investments

American International Group swung to a second-quarter profit, aided by heady gains in its private-equity investments and the absence of Covid-19-related charges. The quarter was the first full one under new Chief Executive Peter Zaffino, and comes as the company is...
Update: Consortium increases Morrisons takeover bid to £6.7bn

Update: Consortium increases Morrisons takeover bid to £6.7bn

The consortium led by US private equity firm Fortress has increased its previous offer by £400 million.   The private equity-backed consortium vying to buy Morrisons has increased its bid for the supermarket chain to £6.7 billion amid speculation of a rival bid....
Alt investment fund managers predict growing popularity of IFCs

Alt investment fund managers predict growing popularity of IFCs

An overwhelming majority of alternative fund managers expect to see increased demand for investment vehicles to be based in international financial centres over the coming three to five years, driven by a skills gap and potential tax increases in their local...