The world’s largest oil traders are rushing to plough billions of dollars into renewable energy projects in the next five years, as they speed up preparations for a dramatic shift in the world’s energy mix. Marco Dunand, chief executive of Swiss commodity trader...
Blackstone, one of the world’s largest owners of real estate, is making a new commitment to cut its carbon footprint. The investment firm has set a goal of reducing carbon emissions by 15% within the first three years of buying any asset or company across its...
Earnout provisions are making a comeback in private equity deals as investors try to address the market uncertainty caused by the coronavirus pandemic. Earnout provisions allow private equity buyers to defer a portion of a deal’s purchase price over a period of time...
Cyber security firm McAfee Corp filed for a U.S. initial public offering on Monday, as the company carved out of Intel Corp four years ago looks to take advantage of a rebound in capital markets from a coronavirus-led slump in March. McAfee did not disclose the size...
H.I.G. Acquisition Corp, a blank-check company backed by private equity firm HIG Capital, said it is looking to raise $450 million in a U.S. initial public offering. The firm will list 45 million units at an offering price of $10 apiece, it said in a filing here. The... 