Challenging times often produce breakthrough innovations. We’ve seen this in the airline industry, which went bankrupt after 9/11. Legacy carriers refused to innovate until economic realities forced them to consolidate and change their fee structure. Similarly, from...
Private equity firm Stonepeak Infrastructure Partners said on Sunday it would buy Astound Broadband, owner of a network of regional cable TV and internet providers, for $8.1 billion. Stonepeak will buy Astound from TPG Capital and Patriot Media Management, it said in...
Nielsen Holdings Plc said it would sell an arm that measures consumer insights for $2.7 billion to private equity firm Advent International. Advent will buy the Global Connect unit along with Jim Peck, the former chief executive officer of the credit reporting company...
John Grayken, a US private equity entrepreneur, is dubbed “the executioner from Texas” by the German press. In South Korea, his firm, Lone Star, is known as meoktwi — eat-and-run capital. Lone Star is among the buyout giants now circling ailing British firms. Last...
Poland’s biggest publicly-traded private equity company MCI Capital SA is hoping that the country’s recent record initial public offering, for online selling platform Allegro.eu SA, will be a boon for the flourishing e-commerce industry. The fund seeks to sell a stake... 