Brookfield Asset Management Inc. is exploring a sale of its life-sciences real estate portfolio, and seeking about $3 billion, according to people with knowledge of the matter. The Toronto-based alternative asset manager is working with advisers to sell roughly 2.3...
Australian mining billionaire Andrew Forrest said his private company bought bootmaker R.M. Williams from a fund backed by French fashion giant LVMH Moet Hennessy Louis Vuitton, returning ownership of the famed fashion label to its home country after six years. In a...
Private equity firm Ares Management Corp and investment management firm Pretium on Monday agreed to buy U.S. rental homes owner Front Yard Residential Corp for about $767 million. Front Yard stockholders will get $13.50 per share in cash, a premium of about 35.5% to...
Private equity firms have made progress in adopting environmental, social and governance (ESG) principles in their investments in recent years, but they still find it hard to put their money where their mouth is. A recent study by advisory services firm BDO found that...
Jack Ma’s Ant Group Co. won a key approval from the China Securities Regulatory Commission for its listing in Hong Kong, paving the way for what could be the world’s biggest initial public offering. The Chinese regulator has given Ant a green light to seek a listing... 