by Sebastian | May 31, 2022 | News
Redbird Capital Partners has reached a final agreement to buy Italy’s AC Milan, the seven-time European football champion once owned by former Prime Minister Silvio Berlusconi, according to people familiar with the matter. Redbird is set to announce the purchase of...
by Sebastian | May 31, 2022 | News
Private equity firm Blackstone Inc. is nearing a deal to buy Advarra Inc. from Genstar Capital in a transaction that would value the drug-research services firm at about $5bn, according to a people with knowledge of the matter. A deal could be announced in the coming...
by Sebastian | May 31, 2022 | News
Acrisure said on Tuesday it had raised $725 million in a fresh funding round led by a wholly owned subsidiary of Abu Dhabi Investment Authority, valuing the insurance brokerage at $23 billion. The company has benefited from a jump in global commercial insurance...
by Sebastian | May 31, 2022 | News
Countryside Properties (CSP) shares have surged 27% in opening trade on talk of a 295p per share offer, which values the British developer at £1.5bn. This offer is set to come from private equity company Inclusive Capital Partners (In-Cap), which has said it is...
by Sebastian | May 31, 2022 | News
Blackstone Inc. is testing a new way to bring in cash from rich Europeans. If it succeeds, the private equity powerhouse stands to draw billions to the fast-growing and risky world of private credit. Regulators last week approved Blackstone’s application to start a...
by Sebastian | May 31, 2022 | News
Trustar Capital, formerly known as CITIC Capital Partners, is said to be eyeing $3.5bn for its fifth China buyout fund. If successful, it will add another 25% to the already massive $2.8bn predecessor fund IV. The firm is also looking to raise $250m for a debut growth...