Fast-trading, social-media-obsessed investors have driven the special-purpose acquisition company craze. One of the biggest SPAC creators is a staid insurance executive who wants nothing to do with them. Billionaire Bill Foley, owner of the Vegas Golden Knights team...
Carlyle said it agreed to sell Liberty Tire Recycling LLC to infrastructure investor ECP, which people familiar with the matter said is paying roughly $750 million for the company. The deal for the tire-recycling company reflects the continuing efforts by Summit,...
Hertz Global Holdings Inc. has picked a restructuring offer from company bondholders and private-equity investors that have agreed to supply billions of dollars in equity capital the bankrupt rental car provider needs to leave chapter 11. Hertz tapped a consortium...
The valuation of ByteDance is approaching US$400 billion for private-equity investors, a source told the South China Morning Post, as the Chinese owner of short video-sharing app TikTok cements its leading position among global tech unicorns. The new valuation of...
Providence Strategic Growth Capital Partners is pitching investors on a new $4 billion fund, according to people familiar with the fundraising, which would make it the investment firm’s largest fund should it reach that target. The new fund, called PSG V LP, would be...
