Two investment firms will buy a majority stake in Hertz Global Holdings Inc for $4.2 billion under a restructuring plan expected to help it out of bankruptcy by early- to mid-summer, the car rental company said in a filing on Tuesday. Under the proposed investment,...
Commercial property data vendor CoStar Group Inc on Monday sweetened its offer to buy CoreLogic Inc by adding another $450 million, hoping to seal a deal and triumph over another competing bid by private equity firms, Stone Point Capital and Insight Partners....
Perrigo Company on Monday posted quarterly earnings below estimates and said it would sell its underperforming generic drugs business for $1.55 billion, as the consumer healthcare products company sharpens focus on its core business. The sale, to private equity firm...
South Korea’s Coupang Inc, which is backed by SoftBank Group Corp, is targeting a blockbuster stock market debut that would value the e-commerce giant at well over $50 billion and make it the largest U.S. initial public offering this year. In a regulatory filing on...
Klarna, the Swedish buy now, pay later behemoth and upstart bank, has raised $1 billion in new funding at a post-money valuation of $31 billion. That sees the company retain the crown as the highest-valued private fintech in Europe. Backers of this round are said to... 