Royal Caribbean Group selling Azamara to private equity firm

Royal Caribbean Group selling Azamara to private equity firm

Royal Caribbean Group reached a definitive agreement to sell its three-ship Azamara brand to Sycamore Partners, a private equity firm, in a $201m all-cash deal. Sycamore Partners is buying the brand, fleet and associated intellectual property. The Azamara team will...
Sequoia Could Put $7.2 Billion Into Auto1 With IPO Approaching

Sequoia Could Put $7.2 Billion Into Auto1 With IPO Approaching

Sequoia Capital has agreed to invest around 6 billion euros in Auto1 Group before the online car trading platform’s initial public offering (IPO), Bloomberg reported Monday, citing anonymous sources. Germany-based Auto1, backed by Japanese billionaire Masayoshi...
Bill Gates-Led fund raises another $1bn to invest in clean tech

Bill Gates-Led fund raises another $1bn to invest in clean tech

Here’s more evidence the clean-tech boom is only getting bigger. Breakthrough Energy Ventures, the clean-tech venture capital fund led by Bill Gates, has raised $1 billion for a second round of investments after backing 45 startups with its first billion.  Created in...