Honeywell will buy aerospace and defense technology provider CAES Systems for $1.9bn the U.S. manufacturing giant said on Thursday, part of its focus on three broader business trends to drive growth. Since taking charge as chief executive in June 2023, Vimal Kapur has...
The US private equity firm KKR & Co Inc would invest an additional $250 million in the Indian decarbonisation platform Serentica Renewables, said Reuters in a report. “This latest investment will support the company’s effort to achieve 4000MW of...
A group led by Major League Soccer’s (MLS) Seattle Sounders and private equity firm Carlyle have closed a US$58 million deal to acquire the National Women’s Soccer League’s (NWSL) Seattle Reign. The Reign were put up for sale in 2022 after OL Groupe sold a majority...
Aegon has strengthened its largest workplace pension default fund with enhanced ESG integration and private markets investment offerings. The 700,000 members currently invested in the £12bn universal balanced collection fund will benefit from improved returns, value...
Private equity firms Carlyle Group Inc are the top bidders for U.S. credit card issuer Discover Financial’s $10 billion U.S. student loan portfolio, the Financial Times reported on Thursday. The two are “working together” for the bid as private... 