Morgan Stanley has agreed to buy Eaton Vance Corp for about $7 billion in a cash-and-stock deal that can quickly expand its investment-management business and add more offerings for retail investors, the bank said on Thursday. The transaction is the latest move by...
Blackstone Group Inc. is looking to reap the benefits from a surge in online dating in a global pandemic and a rebound in demand for risky leveraged loans as investors seek higher-yielding assets. The private equity firm, which bought a majority stake in the owner of...
U.S. private equity firm Warburg Pincus LLC has invested $100 million in a series A round in the Brazilian startup Take Blip, according to a statement on Wednesday. Take Blip is a communication platform that helps companies engage with clients via messaging apps such...
Managers are back in business in Europe. Private equity dealmaking and fundraising both started to show signs of recovery in the third quarter, according to data provider Preqin. Investors closed 364 deals in Q3, corresponding to $19bn, a 58% increase from the...
Swedish private equity firm Ratos said that it is selling its 70% stake in data and analytics company Bisnode to US business analytics firm Dun & Bradstreet. Dun & Bradstreet will pay SEK7.2 billion ($807m) in cash and stock for Bisnode, with Ratos’s...