Private Equity Invests in Low-Earth Satellites Eyeing Big Market

Private Equity Invests in Low-Earth Satellites Eyeing Big Market

Investors are betting that low-to-Earth small satellites, or “smallsats,” in 10 years will be to government and business what IT is now—essential. Denver firm York Space Systems is the latest satellite maker to illustrate that case. Private-equity firm AE Industrial...
West End Theater Giant Seeks £1.2bn From Private Lenders

West End Theater Giant Seeks £1.2bn From Private Lenders

Ambassador Theatre Group, which owns venues in the West End and Broadway, is looking to refinance its debt with a direct lending deal worth as much as £1.2bn. The entertainment business, backed by Providence Equity Partners LLP, is speaking to direct lending firms...
Apollo, Sixth Street no longer in talks to finance Twitter deal

Apollo, Sixth Street no longer in talks to finance Twitter deal

Apollo Global Management and Sixth Street Partners, which had been looking to provide financing for Elon Musk’s proposed $44bn buyout of Twitter, are no longer in talks with the billionaire entrepreneur, said two sources familiar with the matter. Apollo had been...