Last week Sony, which now owns Columbia, announced that it acquired Springsteen’s entire body of work — his recordings and his songwriting catalog — for what two people briefed on the deal said was about $550m. The price, which may be the richest ever paid for the...
Blackstone is in advanced talks to acquire a 49% stake in a new Manhattan office tower in a deal that values the skyscraper at $2.85bn, providing a shot of confidence for New York during tough times. A venture led by Brookfield Asset Management could reach an...
Brookfield has acquired a 50% stake in Intellihub Group, a smart utility infrastructure-as-a-service company, for around €630m. The transaction gives the business a total enterprise value of around A$3.4bn, based on equity value of A$2bn and about A$1.4bn in debt, a...
Global buyout giant KKR has agreed to buy SME-focused software developer Yayoi from financial services group Orix Corp. Yayoi is the largest financial and accounting software provider for SMEs and sole proprietors in Japan, best known for its namesake accounting and...
Health Velocity Capital has closed its oversubscribed fund, Health Velocity Capital II, on $300m of commitments. The new fund will support early and growth-stage companies contributing to a more affordable, sustainable, and consumer-friendly healthcare system. In the... 