Southeast Asian ride-hailing leader Grab Holdings Inc. is raising $200 million from South Korean private equity firm Stic Investments Inc., according to people familiar with the matter. Seoul-based Stic Investments is looking to increase its exposure to the region and...
Marathon Petroleum has agreed to sell its Speedway gas stations in the United States to Japanese retail group Seven & i Holdings for $21 billion, the companies said, five months after the deal was put on hold amid the coronavirus outbreak. Marathon, under pressure...
The private equity industry is confident that it will be able to continue closing deals and raising the capital needed to fund businesses and infrastructure. This comes as African companies look for funds to keep them afloat and governments pin their hopes on...
The Carlyle Group and Apollo Global Management both returned to profitability in the second quarter of the year, with double-digit appreciation in the firms’ private equity portfolios keying a rebound from massive first-quarter losses that came after the...
The secondaries market has been flooded with record levels of cash, as investors sought to capitalize on what they see as a buyer’s market for private equity stakes. According to Preqin, a provider of private markets data, the 11 secondaries funds that closed in the... 