Insurance broker Aon said it will sell some assets to private equity firm Aquiline Capital Partners and tech firm Alight for $1.4 billion, in a bid to get U.S. Department of Justice approval for its merger with Willis Towers Watson. The deal includes selling...
Shares of DLocal Ltd jumped nearly 48% in their Nasdaq debut on Thursday, giving the Uruguayan cross-border payments firm a market capitalization of about $9 billion. The company’s stock opened at $31, compared with the initial public offering price (IPO) of $21....
Invesco and Searchlight Capital Partners LP are lobbying creditors of Mediapro to back a restructuring deal enabling them to take a stake in the producer of top-flight Spanish soccer broadcasts left reeling by the pandemic. The investment firms sent a restructuring...
Billionaire William Ackman’s Pershing Square Tontine Holdings is in talks to buy 10% of Universal Music Group in a deal that would value the label at $40 billion and make it the largest ever investment by a blank check vehicle. Pershing would invest $4 billion to buy...
Technology-focused Alpine Investors is seeking $1.7 billion for its eighth fund, a goal that would make the fund the firm’s largest yet, according to people familiar with the fundraising effort. If the San Francisco firm’s fund hits its target, Alpine Investors VIII...