Apax Partners has renewed its interest in investing in Serie A, the Italian soccer league that’s been frustrated in efforts to raise fresh funding this year, according to people familiar with the matter. The private equity firm is working to formulate a proposal that...
Universal Robina – controlled by billionaire Lance Gokongwei – has agreed to buy Malaysia’s Munchy Food Industries from private equity firm CVC Capital Partners for $454m as the Philippine company expands its footprint across Southeast Asia. The...
The Carlyle Group is looking to expand its investments in infrastructure assets that it can hold on to for many years—airport terminals, water-treatment systems, renewable power plants, for instance—while booking steady payouts. “These investments will be focused on...
A carve-out, also known as a separation, is normally used to refer to the result of the sale (divestment) of a part of a business; however, it may also be used when referring to the permanent division of an organisation into two or smaller parts without any sale, or...
Fenway Sports Group has reached an agreement with the Pittsburgh Penguins that would give the conglomerate controlling interest in one of the NHL’s marquee franchises. The Penguins announced Monday that the two sides have come to terms on a deal, which would... 