In the aftermath of a rejected offer for EY’s consulting business, US private equity firm TPG has signed a definitive agreement to acquire a majority stake in Crowe’s healthcare consulting unit. Under the transaction, Crowe Healthcare will become an independent entity...
Pinault sees CAA as a way to invest in the value of celebrities and may be able to use some of the Hollywood talent giant’s famous faces to bolster luxury group Kering. French billionaire Francois-Henri Pinault is close to a $7bn deal to buy a majority stake in...
BENGALURU (Reuters) – SoftBank Vision Fund on Wednesday sold a 1.17% stake in Indian food delivery firm Zomato in a deal valued at 9.47bn rupees ($114.7m), exchange data showed. The venture capital fund, part of Japan’s SoftBank Group, sold 100m shares at...
The Kuwait Investment Office’s AUM grew from $27bn in 2003 to $250bn this year. The London arm of Kuwait Investment Authority, which manages the country’s sovereign wealth fund, has $250bn of assets under management, KIA Chairman Saad Al Barrak said. The Kuwait...
Goldman Sachs’ proposed sale of FinTech lender GreenSky is reportedly entering its final stages, with bidders asked to place their best and final offers. US private equity company Apollo Global Management, investment firm Sixth Street, and the AI fintech Pagaya... 