Abu Dhabi state fund Mubadala Investment Co on Friday reported an over 7% stake in space tourism company Virgin Galactic Holdings Inc. The state-owned company disclosed a 7.08 per cent stake, or 14.88 million shares, in the aerospace company, according to a regulatory...
Globally, 552 private equity funds reached their final close in the first half of the year, 31% fewer than in the same period last year. Private equity firms are finding it harder to close new funds in the time of social distancing and Zoom meetings. The number of new...
Roper Technologies Inc (ROP.N), a U.S. provider of software to several industries, is in talks to acquire private equity-owned insurance software vendor Vertafore Inc for close to $5.5 billion (4.2 billion pounds), people familiar with the matter said on Sunday. The...
Microsoft appears to be facing competition in its bid to buy TikTok, the wildly popular video sharing service. Twitter has reportedly held preliminary discussions with TikTok about a potential combination. Because it is much smaller than Microsoft, Twitter would have...
A series of blockbuster deals has led a resurgence in merger and acquisition activity since the start of July, with companies rushing to prepare themselves for the recession and dusting off deals that were shelved because of the pandemic. Eight deals of more than $10... 