U.S. parking management software maker FlashParking Inc said on Tuesday it would merge with Arrive Inc, an online platform that allows drivers to find and book parking spaces. The COVID-19 pandemic has spurred demand for fully digitized and touchless alternatives to...
Royal Philips NV has shortlisted a clutch of Asian suitors in the bidding for its home appliance unit, which could fetch at least 3 billion euros ($3.7 billion), people with knowledge of the matter said. Philips invited Chinese buyout firm CDH Investments and domestic...
Indonesian ride-hailing and payments firm Gojek and e-commerce leader Tokopedia are in advanced talks to seal a $18 billion merger ahead of a potential dual listing in Jakarta and the United States, people with knowledge of the matter said on Tuesday. A deal, which...
The family office of the Nintendo Co. founder is backing plans by senior executives at Japan Systems Co. to take the software company private, countering a takeover offer from a Hong Kong-based investment firm, according to people with knowledge of the matter. The...
Oak Hill Capital today announced that it has successfully closed Oak Hill Capital Partners V, a ~$3.8 billion private equity fund. OHCP V was significantly oversubscribed, surpassing its target of $3.0 billion and exceeding Oak Hill Capital Partners IV by over 40%....