Clayton, Dubilier & Rice (CD&R) has closed its latest flagship fund with $1.2 billion in capital commitments from Latin America investors. The capital committed represents one of the largest fundraises for a buyout manager in Latin America to date. The Latin...
Recent carve-out deals by tech giants such as Hitachi Ltd are just the beginning of potential divestitures of non-core assets by Japanese firms, U.S. buyout firm Carlyle Group’s Japan chief said. The comments come as Carlyle recently successfully exited one of...
Some of Ant Group’s global investors have valued the Chinese fintech firm at over $200 billion based on its 2020 performance, said people with knowledge of the matter, offering a more sober estimate after the shelving of its IPO and forced restructuring. The number is...
Wizz Air’s largest investor Indigo Partners sold about half its stake in the Hungary-based low cost airline to institutional investors, a statement on Tuesday said, raising gross proceeds of around 400 million pounds. Private equity firm Indigo Partners did own 15...
Former senior dealmakers at Bank of America Corp. and Carlyle Group Inc. are backing a special purpose acquisition company that’s seeking $300 million to acquire businesses in the consumer sector. Woody Boueiz, ex-head of sovereign wealth funds at Bank of America, and...