After months of speculation, Airbnb is planning to file confidentially for an IPO later this month, according to reports. News of a potential market debut follows a dismal couple of months for Airbnb, as the pandemic thwarted plans for its much-awaited public listing....
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... 