Spain approves KKR-backed Masmovil’s $2.4bn takeover of Euskaltel

Spain approves KKR-backed Masmovil’s $2.4bn takeover of Euskaltel

Masmovil’s $2.38bn takeover of Spanish telecoms rival Euskaltel has won state approval, government sources said on Wednesday. The friendly merger, which received the greenlight from Spain’s competition watchdog last week but still needs final regulatory approval,...
Schwarzman Warns of Persistently High Inflation

Schwarzman Warns of Persistently High Inflation

Americans may face persistently higher inflation than they’ve been accustomed to because employers have had to pay to bring workers back in front-line industries, Blackstone CEO, Stephen Schwarzman, said at the Qatar Economic forum on Wednesday. Schwarzman’s remarks...
Banner Ridge Surpasses $600m Target for New Fund

Banner Ridge Surpasses $600m Target for New Fund

Private-equity firm Banner Ridge Partners has exceeded the $600 million target for its fourth secondary fund by collecting around $800 million since it began fundraising earlier this year, according to people familiar with the matter. The New York-based firm expects...
ABN Amro launches €425m fund for sustainable impact companies

ABN Amro launches €425m fund for sustainable impact companies

ABN AMRO is proud to announce the Sustainable Impact Fund (SIF), a fund investing in companies accelerating the transition towards a sustainable and inclusive society. ABN AMRO SIF will make private equity investments of €4m to €30m in companies that have a proven...