Kingswood SPAC and Apollo among suitors for Blackstone’s Lombard

Kingswood SPAC and Apollo among suitors for Blackstone’s Lombard

A so-called ‘blank cheque’ company set up by a group of financiers is weighing a merger with Lombard International, one of the largest UK-based wealth management groups. Sky News has learnt that Kingswood Acquisition Corp, which listed in New York late last year, is...
PE Firms Are Feasting on China’s $5.5 Billion Logistics M&A

PE Firms Are Feasting on China’s $5.5 Billion Logistics M&A

Deals targeting logistics companies in China have delivered the best start to the year on record, generating bumper profits for private equity firms. About $5.5 billion worth of acquisitions of Chinese logistics firms have been announced so far this year, the...
SoftBank-Backed Loggi Valued Near $2 Billion in Funding Round

SoftBank-Backed Loggi Valued Near $2 Billion in Funding Round

Brazilian delivery startup Loggi Tecnologia Ltda, which is backed by SoftBank Group Corp. and Microsoft Corp., raised 1.15 billion reais ($205 million) in its latest funding round that now values the company at close to $2 billion. The new round, the company’s largest...