Private equity firm Sycamore Partners is looking to back out of its deal to buy a majority stake in Victoria’s Secret, according to a court filing on Wednesday. Sycamore Partners said that it can walk away because L Brands, which owns Victoria’s Secret, PINK and Bath...
SL Green Realty Corp. is in advanced talks to sell at least three loans attached to New York properties to bolster its cash balance, according to people with knowledge of the matter. The real estate investment trust is in talks to sell a mezzanine loan position...
Epic Games Inc., the Fortnite videogame maker and owner of the Houseparty app that has exploded in popularity during the pandemic, has held talks to raise a new round of funding valuing it above its last valuation of $15 billion, according to people familiar with the...
For banks sitting on a pile of high-risk debt they’ve been unable to sell, the full return of Europe’s junk debt market cannot come too soon. Amid the upbeat mood that prevailed before the coronavirus struck Europe, banks agreed to provide nearly $13 billion of bonds...
Carlyle Group Inc. has kicked off its search for a new senior manager in India, where the private equity firm has invested about $2.5 billion, according to people familiar with the matter. The buyout firm is working with headhunting company Egon Zehnder to look for a...