Abu Dhabi fund to invest $2 billion in Silver Lake

Abu Dhabi fund to invest $2 billion in Silver Lake

Abu Dhabi sovereign wealth fund Mubadala Investment is making an investment in Silver Lake and contributing $2bn to help the technology-focused private equity firm launch a new long-term strategy, according to people familiar with the matter. Mubadala will take a...
Covestro buys DSM’s resins unit for €1.6 billion

Covestro buys DSM’s resins unit for €1.6 billion

Germany’s Covestro  will purchase Dutch peer DSM’s Resins and Functional Materials business for about 1.6 billion euros ($1.88 billion), banking on a rebound of a global economy depressed by the coronavirus pandemic. The new business will add about 1...