Triton Smaller Mid-Cap Fund II closes at €815 million

Triton Smaller Mid-Cap Fund II closes at €815 million

Triton Smaller Mid-Cap Fund II has successfully closed at €815 million surpassing its target of €600 million due to strong investor demand. The fund is the second dedicated investment vehicle advised by Triton focused on investing in lower mid-cap companies. It...
AbbVie in talks to sell $5 billion women’s drugs portfolio

AbbVie in talks to sell $5 billion women’s drugs portfolio

U.S. drugmaker AbbVie Inc is in discussions to sell a roughly $5 billion portfolio of women’s drugs acquired last year through its $63 billion purchase of Botox maker Allergan Plc, sources familiar with the matter told Reuters. The move revives a process to sell the...
Private equity investors fret over record U.S. buyout prices

Private equity investors fret over record U.S. buyout prices

Private equity firms are paying more for leveraged buyouts to keep pace with soaring valuations of acquisition targets, making some investors leery of whether the industry can keep delivering on promises of lucrative returns. The booming stock market and cheap debt...