Walmart executives must be upset. Months after the retail giant sold a majority stake in its British grocery chain Asda at a mediocre valuation, U.K. supermarkets are suddenly hot property among private equity firms. A bidding war is brewing for Britain’s...
Brookfield Business Partners LP and its institutional partners said on Monday they would acquire U.S. car parts maker DexKo Global Inc from private equity firm KPS Capital Partners LP for $3.4bn. Based in Novi, Michigan, DexKo produces engineered trailer running gear...
New York-headquartered Apollo Global Management, which last year missed out on buying Morrisons rival Asda, said it was examining a potential offer but had not approached its board. Private equity groups have embarked on a spending spree on assets around the world in...
A group of Bridgepoint employees and former staff pocketed nearly half a billion pounds two years ago after the private equity firm’s funds recorded a bumper profit. The large award came from a scheme that allows Bridgepoint workers, from investment managers to junior...
U.K.-based digital bank Revolut is in “detailed talks” with SoftBank about a fundraising round that could value the firm between $30bn and $40bn, according to a Sky News report. Revolut and its advisers have asked investors at SoftBank’s Vision Fund 2 to submit... 