by Sebastian | Dec 13, 2021 | News
Ares Management has raised $8bn dollars for a fund making direct loans to small and midsize U.S. companies, escalating a fight between alternative-asset managers for market share in the burgeoning private-credit market. Asset-management firms including Apollo Global...
by Sebastian | Dec 13, 2021 | News
Singapore’s sovereign wealth fund sees global inflation as the biggest threat to its portfolio now, following the crisis triggered by the pandemic, the city’s Sunday Times reported, citing the chief executive officer. “Turns out that way more than temporary...
by Sebastian | Dec 13, 2021 | News
SPX FLOW on Monday said it agreed to be acquired by an affiliate of private-equity firm Lone Star Funds for $86.50 a share in cash in a deal valued at $3.8bn, including the assumption of debt. The deal represents a 1% premium to Friday’s closing price for SPX, a...
by Sebastian | Dec 12, 2021 | News
A robotics and automation company backed by Walmart, America’s biggest grocery retailer, is finalising plans for a $4.5bn merger with a ‘blank cheque’ company created by the Japanese technology giant SoftBank. Sky News has learnt that Symbotic is...
by Sebastian | Dec 12, 2021 | News
Private equity firm Brookfield has inked a deal to buy a Canary Wharf office block for a slashed price while a fresh work from home order will see offices empty next week. According to reports in The Sunday Times, the private equity firm has agreed a deal to buy the...
by Sebastian | Dec 12, 2021 | News
The league’s board of governors on Thursday approved a change to its ownership rules to allow for institutional investors, according to someone familiar with the decision. The NHL joins the NBA, MLS and MLB in making the change. An NHL representative didn’t...
