Private equity firm TPG is exploring a sale of Astound that could value the owner of a U.S. network of regional cable TV and internet providers at more than $8 billion, including debt, according to people familiar with the matter. The potential sale would come as...
Golden Gate Capital sold its remaining equity stake in Red Lobster to existing investor Thai Union Group, a group of investors under the banner Seafood Alliance consisting of global restaurateurs and hospitality executives, and Red Lobster management, according to a...
GlaxoSmithKline and partner Vir Biotechnology have started testing their experimental antibody on early-stage COVID-19 patients, entering the race to find a winner in a promising class of antiviral drugs to combat the pandemic. The British drugmaker said on Monday the...
General Atlantic-backed e-commerce firm Wish said on Monday it has confidentially submitted paperwork with the U.S. Securities and Exchange Commission to go public. The San Francisco-based bargain shopping app, which was last valued at $11.2 billion, did not specify...
Swissport is getting new owners in a debt-for-equity swap that includes a 500 million euros ($595.20 million) long-term debt facility and a 300 million euros interim facility to help keep it afloat, the airport services company said on Monday. Senior secured creditors... 