KKR $12bn Telecom Italia Bid Faces Vivendi Opposition

KKR $12bn Telecom Italia Bid Faces Vivendi Opposition

KKR & Co. is setting the stage for a battle of control at Italy’s biggest phone company with a $12.2bn bid pitting the U.S. private-equity fund against France’s Vivendi SE. Vivendi, the largest shareholder in Telecom Italia SpA, is unlikely to support KKR’s 50.5...
Apollo Global Management mulls buyout of Marks & Spencer

Apollo Global Management mulls buyout of Marks & Spencer

Investment firm Apollo Global Management is reportedly mulling a buyout of UK high street staple Marks & Spencer. The New York based company considers the purchase a bargain and believes the joint venture between M&S and delivery company Ocado has been...
KKR Plans to Lead Investment in Crypto Firm Anchorage

KKR Plans to Lead Investment in Crypto Firm Anchorage

Private equity giant KKR plans to lead a new investment in crypto startup Anchorage, which offers crypto custody, trading and financing services for financial institutions, said two people familiar with the matter. The Series D funding values the San Francisco-based...
Oaktree Capital closes latest distressed debt fund at $15.9bn

Oaktree Capital closes latest distressed debt fund at $15.9bn

Oaktree Capital Management announced the closing of its Oaktree Opportunities Fund XI at $15.9bn, according to a news release Tuesday. The largest fund in the firm’s history exceeded its original fundraising target of $15 billion. Oaktree Opportunities Fund XI is the...