Real estate developer Prestige Group plans to build more than 40 million sq. ft of office space across multiple cities, after selling some of its office, retail and hotel assets to Blackstone Group Lp. The New York-based private equity giant received approval in...
GLIL Infrastructure has raised £500m from two Local Government Pension Scheme (LGPS) pools to fund UK infrastructure investments. The commitment takes GLIL’s LGPS-backed capital to £2.3bn, of which £1.4bn is already deployed across ten infrastructure assets. The...
KKR has joined a feeding frenzy for lucrative song rights after agreeing to buy a majority stake in the catalogue of songwriter Ryan Tedder, who has penned hits for Beyoncé, Adele, Paul McCartney and Stevie Wonder. Mr Tedder, alongside Max Martin and Jason “Poo Bear”...
Shares of Office Depot’s parent, ODP – Get Report, soared Monday after rival Staples offered to buy the office-supplies retailer for $40 cash a share, or $2.1 billion. Shares of ODP, Boca Raton, Fla., at last check were up 17% at $43.21. The move past...
An investment fund that used to own London’s Gatwick Airport has struck a $4.63 billion deal to buy Bill Gates-backed private jet services firm Signature Aviation, trumping rival suitors private equity giants Blackstone and Carlyle. Shares in Signature Aviation, which... 