In a bid to provide retail investors with concentrated exposure to global private equity investments, the asset manager has launched its first retail private equity fund, the MLC Global Private Equity Fund. Previously only available to institutional investors, the new...
Spacecraft manufacturer York Space Systems is selling a majority stake in the company to private equity firm AE Industrial Partners at an enterprise valuation of $1.1bn. The deal, announced on Tuesday, makes York the latest space unicorn — a company valued at over $1...
Levine Leichtman Capital Partners has bought agribusiness workflow and data services provider AGDATA from Vista Equity Partners. The deal comes eight years after Vista picked up AGDATA from SFW Capital at a decent return for its previous owner. AGDATA which was...
Elon Musk is proposing to go ahead with his original offer of $44bn to take Twitter private, a securities filing showed on Tuesday, signaling an end to a legal battle that could have forced Musk to pay up. An agreement would put the world’s richest person in...
DXC Technology said it had been approached by a financial sponsor regarding a potential takeover of the IT management company, without disclosing further details. Shares of the company, which has a market capitalization of nearly $6 billion, jumped nearly 9% on... 