by Sebastian | Apr 7, 2022 | News
Automotive software maker CDK Global Inc said on Thursday it would be taken private by Brookfield Business Partners for $6.41bn in cash. The deal will pay CDK investors $54.87 for each share held, a premium of 12% to the company’s closing price on Wednesday. The...
by Sebastian | Apr 6, 2022 | News
Veleta Capital and funds managed by Oaktree Capital Management announced the formal launch of a strategic joint venture, Veleta Capital Partners, creating a premier institutional lending platform for multifamily and commercial real estate assets. Oaktree has also...
by Sebastian | Apr 6, 2022 | News
BlackRock is seeking as much as $2bn for a new co-investment fund, as it builds on a strategy gaining traction in the private equity industry. The PE giant has already raised more than $300 million for the new vehicle, according to people familiar with the...
by Sebastian | Apr 6, 2022 | News
Morrisons’ private equity owners will carve up the business and sell £500m worth of manufacturing and distribution sites. Clayton, Dubilier & Rice is appointing advisers to oversee the disposal of the plants in a process set to begin ‘imminently’, according to Sky...
by Sebastian | Apr 5, 2022 | News
Climeworks, a Swiss carbon dioxide removal startup, has raised a $650m round — the largest investment ever into a carbon capture startup. Climeworks, a Swiss carbon dioxide removal startup, has raised a $650m round — the largest investment ever into a carbon capture...
by Sebastian | Apr 5, 2022 | News
Human resources technology platform Remote said on Tuesday it had raised $300m in a funding round led by SoftBank Vision Fund 2, valuing the company at nearly $3bn. Founded in 2019, Remote counts software firm GitLab Inc, food-delivery company DoorDash Inc and...
