Investment fund manager David Tepper, best known for his stock-picking prowess, is devoting a piece of his personal fortune to private equity investing. Tepper – worth about $14.5bn – has become the founding investor for a private equity firm that plans to...
The acquisition of Stamps.com for $6.6bn by private equity group Thoma Bravo last week saw a surprising twist in the deal documents: the absence of a traditional bank to finance the leveraged purchase. Large debt-financed acquisitions by the private equity world have...
Lumen Technologies said that the communications-infrastructure company is negotiating to sell some assets to private-equity titan Apollo Global Management. Lumen’s deal with the New York firm would involve Lumen’s consumer operations in some U.S. states and would be...
According to sources, the struggling Indian telco has begun discussions with the US private equity fund and may sell a “sizeable stake” in the business. Vodafone Idea, rebranded as Vi last year, has been in the financial doldrums for a number of years now, having...
Private-equity firm BC Partners is acquiring a significant stake in Valtech SE as part of a deal valuing the digital-services agency at $1.4bn, according to the companies, a bet that brands will increasingly rely on technology and data to retain existing customers and...
