Mubadala Plans to Invest $1bn a Year in Brazil

Mubadala Plans to Invest $1bn a Year in Brazil

Mubadala Capital, the investment arm of Abu Dhabi’s sovereign wealth fund, is bullish on Brazil’s growth prospects under President Luiz Inacio Lula da Silva and plans to invest more than $1bn a year to expand its holdings in the country that range from an oil refinery...
Apax Partners Acquires Bazooka Candy Brands for $700m

Apax Partners Acquires Bazooka Candy Brands for $700m

Bazooka Candy Brands, a nonchocolate confectionary brand, has been acquired by Apax Partners LLP—a global private equity advisory firm—from former owners Michael D. Eisner’s Tornante Co. and funds affiliated with Madison Dearborn Partners. Also effective upon the...
Apollo in Talks to Refinance $660m OYO Loan

Apollo in Talks to Refinance $660m OYO Loan

Indian hospitality unicorn OYO is in talks with private equity firm Apollo Global Management to refinance a $660m loan as the chain aims to reduce its debt in preparation for its initial public offering [IPO], sources familiar with the matter told Bloomberg. OYO’s...