by Sebastian | Apr 22, 2022 | News
Humana said on Thursday it would sell a 60% interest in the hospice and personal care divisions of its Kindred at Home unit for $2.8 billion to private investment firm Clayton, Dubilier & Rice, sending its shares up nearly 2% before the bell. The U.S. health...
by Sebastian | Apr 22, 2022 | News
Elon Musk is in talks with private-equity firm Thoma Bravo about partnering on a possible takeover bid for Twitter, two sources close to the situation said. Thoma Bravo, a Chicago-based buyout firm that’s focused on the technology sector, could be the key to Musk...
by Sebastian | Apr 22, 2022 | News
Private equity investor Nordic Capital has agreed to buy national advice firm Ascot Lloyd from Oaktree Capital Management. The deal is subject to regulatory approval. Nordic Capital has a range of investments across the financial services, healthcare, tech and...
by Sebastian | Apr 21, 2022 | News
Convoy has raised $160m in a late-stage funding round led by fund managers Baillie Gifford and T Rowe Price Group Inc, valuing the freight network platform operator at $3.8bn, the company said on Thursday. The company also raised $100m from Hercules Capital Inc in a...
by Sebastian | Apr 21, 2022 | News
Blackstone said on Thursday its first-quarter distributable earnings jumped 63% as a strong performance from its real estate and credit businesses offset a weak showing from its hedge funds unit. The world’s largest manager of alternative assets saw distributable...
by Sebastian | Apr 21, 2022 | News
Software investor Mainsail Partners has closed its biggest fund on $915m, boosting its total capital raised to $2.2bn. The oversubscribed Fund VI was closed in less than three months. Mainsail previously closed Fund V on $531m in 2020. The firm said Fund VI will...
