by Sebastian | Mar 17, 2022 | News
Pearson said on Friday it had rejected two takeover approaches from investment firm Apollo, saying its latest $8.5bn possible cash offer undervalued the global education group, which was confident in its own strategy. Apollo’s earlier statement saying it was...
by Sebastian | Mar 17, 2022 | News
SPACs are turning to costly new tactics to keep investors from jumping ship as market confidence wanes in the once red-hot alternative to IPOs. Blank-check acquisition firms and the companies they acquire are having to hand over bigger stakes in the ventures to...
by Sebastian | Mar 17, 2022 | News
Blockchain technology firm ConsenSys said on Tuesday its valuation had more than doubled to over $7bn after its latest funding round that included investments from SoftBank Vision Fund 2 and Microsoft. ConsenSys, founded by Joseph Lubin, is an Ethereum blockchain firm...
by Sebastian | Mar 17, 2022 | News
The specialist finance provider Premium Credit is at the centre of a private equity bidding war led by the firm which owns a stake in the Six Nations Rugby championship. Sky News understands that prolific sports investor CVC Capital Partners and Towerbrook are two of...
by Sebastian | Mar 17, 2022 | News
Private equity-backed Canadian heavy oil producer Serafina Energy is looking at a possible sale of the company, figuring that high crude prices will boost its value, sources familiar with the matter told Reuters. The company could fetch over $782m if a sale happens at...
by Sebastian | Mar 17, 2022 | News
KKR & Co. closed its latest infrastructure fund, KKR Global Infrastructure Investors IV, at $17bn, a news release said Monday. The closed-end fund focuses on pursuing global infrastructure investment opportunities with an emphasis on North America and Western...
