Walmart Inc. is selling most of Japanese retailer Seiyu to KKR & Co. and Rakuten Inc. in a deal that values the supermarket chain at 172.5 billion yen ($1.6 billion), as the U.S. giant retreats from its two-decade attempt to crack Japan’s retail market. Under...
Italian payments processor Nexi SpA agreed to buy private equity-owned rival Nets A/S, a month after purchasing a state-backed competitor and creating one of Europe’s biggest payment providers. The all-share deal values Copenhagen-based Nets at 7.8 billion euros ($9.2...
Leveraged loans funding acquisitions of Ancestry.com Inc. and Dunkin’ Brands Group Inc. are marketing this week, as private equity firms dash to lock in cheap financing before the holiday season kicks off.Leveraged loans funding acquisitions of Ancestry.com Inc. and...
For more than 50 years, Orlando has been a place where people have gone to see the future. In the 1960s, Walt Disney picked the central Florida city as the site for his greatest experiment yet: A planned utopian community that would use the latest American...
Private equity firms that piled into oil-production assets in the past few years now find themselves stuck, and forced to contemplate novel ways to make an exit. Even with the recent vaccine-induced surge in oil prices, industry executives say initial public offerings... 