Warburg Pincus is in advanced talks to invest $203 million in MedPlus, India’s second-largest pharmacy retailer, through a mix of debt and equity, for a significant minority stake to pay off existing lenders such as Goldman Sachs and Edelweiss and provide exit to...
Softbank on Monday will file documents with securities regulators to allow a special purpose acquisition company (SPAC) it created previously to raise as much as $600 million through an initial public offering (IPO). Moreover, Axios reported, Softbank is moving toward...
Private-equity firm Thoma Bravo LP has struck a deal to buy property management software provider RealPage Inc for $9.6 billion, the Wall Street Journal reported on Monday. Thoma Bravo is paying $88.75 per share for RealPage, the report said, adding that RealPage...
The sale of a stake in the Mercedes F1 team is more than just a new role for its sponsor Ineos: it’s a new future for Formula 1, says Toto Wolff. As Formula 1 deals go, the one-third stake that Ineos has taken in Mercedes might seem underwhelming. There’s no...
Elliott Associates sees a runway beneath Public Storage, and is pushing the self-storage company to boost investment and catch up to industry peers’ growth. The company’s stock has underperformed storage peers by more than 300% in the last decade. The company... 