Under the terms of the new deal, Blackstone would be required to pay €46m in damages if regulators do not approve the transaction or if it’s scrapped for other reasons. Blackstone has lowered its bid for Dutch bank NIBC by more than a quarter following ongoing...
General partners say the coronavirus pandemic will cause a spike in demand for strategies targeting distressed assets. Nearly all private equity managers expect to see a surge in distressed fund deals over the coming year, according to a new survey. The poll,...
US-based private equity fund CVC Capital has entered into an agreement to acquire Indian cancer care chain Healthcare Global Enterprises (HCG) at a revised price of Rs 130 per share or about $138 million (Rs 1,049 crore). In May, CVC Capital had announced its plan to...
Amid the deepest economic crisis since the Great Depression, it has been reported that startups overall face an “existential threat.” But while life science startups have slimmer pickings than before, they stand to benefit from the industry’s more...
Impact investing continues to grow despite near-term headwinds, according to a report released Friday by the International Finance Corp., a member of the World Bank Group. Impact investing in private markets could be as much as $2.1 trillion in assets under... 