In 2019, Virgin Galactic took the first small step for a space company—and a giant leap for global finance. It became a publicly traded company through a merger with a special purpose acquisition company, or SPAC. The transaction kicked off a trend, with risky private...
H.I.G. Bayside Capital, the distressed debt and special situation affiliate of H.I.G. Capital, a leading global alternative asset management firm with over $43 billion of equity capital under management, is pleased to announce the final closing of H.I.G. Bayside Loan...
Private equity group TPG is in exclusive talks with supercar maker McLaren over the purchase of the firm’s iconic Woking headquarters. Sky News reported that the sale-and-leaseback deal for the property, which would allow the carmaker to continue using it, could be...
Private equity firm Apollo Global Management said on Monday it had agreed to buy Athene Holding in an all-stock deal valuing the retirement services company at about $11 billion. Under the terms of the deal, each outstanding class A common share of Athene will be...
Quantum computing company IonQ Inc said on Monday it will go public through a merger with a blank-check firm in a deal that gives the combined company a pro-forma market capitalisation of $2 billion. The merger will provide IonQ with gross proceeds of $650 million,... 