EQT and Tillman Infrastructure are vying to buy Brookfield’s 45% stake in French towers firm TDF – a business worth about $6.8bn excluding debt. The two investment firms are carrying out due diligence on the company and are expected to submit rival bids in...
Steve Ballmer, billionaire owner of the L.A. Clippers NBA team and former CEO of Microsoft, has been a major philanthropist for years. Now he’s investing $400m to support Black-owned businesses. Ballmer, along with wife Connie Ballmer, will partner with established...
Doral Renewables has entered into an agreement to sell up to $500m of convertible notes to funds managed by Apollo affiliates and Migdal Insurance, a leading Israeli insurance and pension company. The Notes are convertible to common equity interests in the company at...
Vertex Ventures, backed by Singapore state investor Temasek, is set to raise nearly $500m for a new fund that will invest in efforts to step up China’s domestic tech development, a senior executive said. The new fund’s size will exceed an initial target of...
Ping Identity, the intelligent identity solution for the enterprise, announced the completion of its acquisition by Thoma Bravo, a leading software investment firm, in an all-cash transaction valued at approximately $2.8bn. The agreement to be acquired was previously... 