Dorsey Keeps Twitter CEO Job on Elliott, Silver Lake Review

Dorsey Keeps Twitter CEO Job on Elliott, Silver Lake Review

A Twitter Inc. board committee reviewing the social network’s leadership and management structure concluded that Chief Executive Officer Jack Dorsey should maintain his role at the helm of the company. The committee was asked to formally review Twitter’s leadership as...
Private-Equity Deals Head for Busy Year-End

Private-Equity Deals Head for Busy Year-End

Private-equity corporations are bracing for a busy year-end, no matter who wins the presidential election. A mix of an overstuffed pipeline of offers placed on maintain due to the Covid-19 pandemic, low rates of interest for borrowing and considerations about...
Crown Holdings Looks at Selling Food Cans Division in $2 bn Deal

Crown Holdings Looks at Selling Food Cans Division in $2 bn Deal

Crown Holdings Inc., one of the world’s largest designers and manufacturers of packaging products, is considering a sale of its food can business, according to people with knowledge of the matter. The Philadelphia-based company is speaking with advisers about a sale...
Bicycle maker Dorel to go private in $354.3 million deal

Bicycle maker Dorel to go private in $354.3 million deal

Canadian bicycle maker Dorel Industries Inc said on Monday it has agreed to be taken private by a group led by private equity firm Cerberus Capital Management in a deal valued at about C$470 million ($354.3 million). Shares of Dorel were up 3.5% at C$14.90 in...
How state-backed lender CDP stepped up role in Italy

How state-backed lender CDP stepped up role in Italy

What do a bid for Italy’s biggest highway operator involving Macquarie and Blackstone and a hedge fund’s campaign for board seats at the country’s top telecoms group have in common? The answer is Cassa Depositi e Prestiti (CDP) featured in both. The...