Leading energy companies are hoping to sell dozens of oil and gas fields and refineries worth more than $110 billion to curb both their ballooning debt and their carbon footprints. But with the outlook for oil and gas prices uncertain because of the coronavirus...
In the first nine months of 2020, amid a global pandemic and volatile financial markets, private equity funds made a record number of buyout deals. More than 5,500 private equity-backed mergers and acquisitions have been announced so far this year, according to data...
Private equity firms are betting that the rise in online shopping is here to stay, with some of the world’s biggest investment funds eyeing deals for everything from warehouses to delivery companies. Clipper Logistics Plc, which supports the e-commerce operations of...
SoftBank-backed used-car platform Kavak has become Mexico’s first tech “unicorn” after reaching a $1.15 billion valuation in its latest funding round last month, Chief Executive Carlos Garcia told Reuters. The Mexico City-based startup has raised over $400 million in...
Nordic Capital has wrapped up the fundraising for its 10th buyout fund with €6.1bn in total commitments. The vehicle, the firm’s largest capital pool to date, has considerably surpassed its initial €5bn target within just six months. Launched in April this year, the... 