Genoa announced on Thursday they have been bought by American private equity fund 777 Partners for a reported $175m as Italian businessman Enrico Preziosi ends his 18-year ownership of Italy’s oldest football club. “The new owner group, which will acquire...
Carlyle Group Chief Executive Kewsong Lee said on Wednesday that the U.S. private equity firm will remain a long-term investor in China despite “bumps” that have unnerved some investors. Beijing authorities have rolled out restrictions in the last few weeks on...
The takeover of medical supply company Medline Industries Inc. is being funded by the largest leveraged buyout loan in three years, the latest sign of a hot U.S. market coming out of the pandemic. The dollar tranche amounts to $6 billion, the most since Refinitiv’s...
SoftBank Group-backed Indian hospitality startup Oyo Hotels and Rooms is expected to file for an initial public offering (IPO) next week to raise around $1bn, a source told Reuters on Thursday. The hotel aggregator is looking to list in India’s financial capital...
Mapletree Investments has closed its maiden US office fund, Mapletree US Income Commercial Trust, with $552m in total fund equity raised. In a statement on Thursday, the Temasek-owned company said Music’s target internal rate of return (IRR) of 12% represents... 