by Sebastian | Dec 6, 2021 | News
Genesys, a global cloud leader in customer experience orchestration, today announced a $580m round of funding. The oversubscribed round was led by Salesforce Ventures with participation from other investors ServiceNow Ventures; Zoom Video Communications; funds and...
by Sebastian | Dec 6, 2021 | News
Blackstone, the world’s largest private equity firm, invests in nearly everything in the global economy: biomedical research, digital payments, autonomous robots, power plants, motel chains, dating apps, and a slew of amusement parks including SeaWorld and Legoland....
by Sebastian | Dec 6, 2021 | News
Bain Capital and Baring Private Equity Asia are among firms considering bids to acquire an outsourcing business from their private equity rival Carlyle, according to people familiar with the matter. A sale of VXI Global Solutions is entering the final stages and a...
by Sebastian | Dec 5, 2021 | News
Lone Star Funds is considering a sale of its Chinese gas company Sino Gas & Energy Pty, according to people familiar with the matter. The Dallas-based private equity firm is working with a financial adviser on the potential transaction, the people said, asking not...
by Sebastian | Dec 5, 2021 | News
Vivendi SE, Telecom Italia SpA’s largest investor, could back ceding control of the former phone monopoly’s network to the Italian state, in a move that could counter KKR & Co.’s preliminary $12.2bn bid for the company. “The hypothesis of state control of the...
by Sebastian | Dec 5, 2021 | News
Abrdn has set up a new unit that will focus on taking equity stakes in companies, becoming the latest investment giant seeking to profit from an ongoing private equity boom. The 530 billion-pound ($713 billion) asset manager created the new unit after completing a...