Wells Fargo & Company WFC divested around $2bn of private equity investments in certain funds to a group of leading investors. The move demonstrates the bank’s active investment portfolio management strategy. Particularly, the company sold its investment in...
Bain Capital is considering a sale of a minority stake in US LBM that could value the building materials group at about $7bn or more, including debt, according to people familiar with the matter. The company is working with an adviser to run an auction process for a...
Bluestone Equity Partners (Bluestone), a private equity firm, today announced the successful closing of Bluestone Capital I, L.P., its inaugural $300m growth equity fund focused on the global sports, media & entertainment industry. Led by Founder & Managing...
Shares in Scandinavian Airlines dropped more than 90% after the ailing carrier announced new shareholders in a restructuring scheme that will see the company delisted and existing ownership stakes erased. The rescue deal involving airline alliance Air France-KLM and...
Private equity firms Blackstone Inc , EQT and THL Partners are competing against large U.S. industrial automation firms to acquire German power electronics firm EA Elektro-Automatik, according to people familiar with the matter. Emerson Electric Co (EMR.N), Keysight... 