As the coronavirus pandemic rewrites the financial forecasts of businesses from travel to energy and retail, private equity firms are intensely focused on tech businesses they believe can weather the storm. The thesis is that companies are shifting operations online...
British aero-engines maker Rolls-Royce plans to sell Spanish unit ITP Aero and other assets to raise at least 2 billion pounds ($2.6 billion) to boost a balance sheet shattered by the travel slump brought on by the coronavirus pandemic. Rolls-Royce also said on...
More retail investors will be gaining access to private funds and companies with new rules approved by the Securities and Exchange Commission today. For the first time, persons who don’t meet minimum levels of income and net worth in the ‘accredited investor...
General Atlantic and Sequoia Capital, two major investors in TikTok’s Chinese parent company, are manoeuvring to be part of a deal to acquire the US operations of the popular video sharing app as it seeks to avoid a ban by the Trump administration, according to people...
The coronavirus crisis slammed the brakes on big mergers and acquisitions deals in March, with activity in the second quarter of 2020 slumping to an 11-year low of $485.3bn as company executives instead focused on stemming losses caused by the crisis.... 