Baring Private Equity Asia has agreed to purchase medical device maker Lumenis from current owner XIO Group in a move that gives the Israeli business an enterprise valuation of more than $1 billion, marking an SBO of a size seldom seen so far in 2019—as well as an...
When Big Machine Records, the owner of Taylor Swift’s back catalogue, was sold earlier this year, minority investor Carlyle Group declared that it had seen a “big shift” in the power of celebrities over consumers. Carlyle had helped finance the $300m deal as part of a...
LVMH and Tiffany & Co. are finally getting together after weeks of anticipation. The two companies announced Monday that LVMH will buy the Manhattan jeweler, famous for its little blue boxes and Fifth Avenue flagship store. The French luxury group will pay $135 per...
London Stock Exchange shareholders overwhelmingly backed the exchange’s $27 billion takeover of data and analytics company Refinitiv on Tuesday, a deal designed to broaden LSE’s trading business and make it a major distributor of market data. LSE Chairman Don Robert...
SoftBank Group Corp. launched a long-awaited $3 billion tender offer for WeWork stock, according to people with knowledge of the matter. The offer expires April 1, said one of the people, who requested anonymity because the matter is private. Representatives for... 