American Express is in advanced talks to buy online lender Kabbage. An agreement could be announced as early as this month. The all-cash deal could be worth as much as $850 million. Barron’s reported last week Kabbage was considering a sale worth between $750 million...
As Asian economies experience a relatively quicker recovery from pandemic-induced recession than the United States, private-equity giants are taking the opportunity to strike mega-deals throughout the region. The capital is coming from a mountain of money PE shops...
Liberty Global plans to take over Switzerland’s Sunrise Communications in a surprise $7.4 billion deal announced by the companies on Wednesday. The agreed deal reverses Sunrise’s failed bid to buy Liberty’s Swiss business last year and marks a strategic reversal by...
The private equity industry has been a little-noticed beneficiary of the Federal Reserve’s efforts to combat the economic fallout of the coronavirus pandemic, as central bank support has spurred a surge in junk-bond issuance by buyout firms. The second quarter saw one...
Special purpose acquisition companies (SPACs) are gaining in popularity with private equity firms as an investment vehicle. Sidley Austin LLP attorneys explain what they are, who is using them, and say they entail a relatively low upfront investment, but offer a very... 