Richard Branson has joined the crush of high-profile investors seeking to raise money for blank-cheque companies, pitching a $400m vehicle that would hunt for deals to expand Virgin Group’s brand in the US. The finances of Britain’s best-known billionaire have been...
The debut of Toshiba’s chip unit may short-circuit in volatile markets. Two years after the Japanese conglomerate’s crown jewel was sold to a group led by U.S. buyout firm Bain Capital, the rebranded Kioxia will go public in Tokyo at a valuation of $20 billion. ...
Private equity groups including TPG and Apax Partners are taking advantage of blockbuster demand for corporate debt by loading companies they own with fresh loans and using the cash to award themselves a bumper payday. So-called dividend recapitalisations have become...
The payments company has hired Goldman Sachs to advise on the process, four people familiar with the situation said. Evertec has reached out to prospective buyers, one of the sources said. It’s unclear when first-round bids are due. The San Juan, P.R.-based company...
All eyes are on cloud-data software maker Snowflake Inc.’s trading debut after it raised $3.36 billion in the year’s biggest U.S. initial public offering for an operating company and the largest in software ever. The San Mateo, California-based company is set to list... 