Blackstone, KKR Defy Global Private Debt Slump With Bets on Asia

Blackstone, KKR Defy Global Private Debt Slump With Bets on Asia

Direct-lending behemoths from Blackstone to KKR are looking to expand in Asia’s fledgling private-debt sector, targeting firms shut out of volatile public markets but healthy enough to survive surging inflation and a potential recession. Bucking an industry-wide...
Private Equity-Backed Breitling CEO Eyes Deals After Turnaround

Private Equity-Backed Breitling CEO Eyes Deals After Turnaround

In the five years since CVC Capital Partners bought control of Breitling AG, the company has more than quadrupled its equity value and is on the cusp of re-joining the Top 10 Swiss brands of luxury watches.  Now Georges Kern, who gave up a top job at luxury emporium...
Italy extends deadline for ITA Airways takeover talks

Italy extends deadline for ITA Airways takeover talks

Italy has extended to Oct. 31 the deadline for exclusive talks with a consortium led by U.S. private equity fund Certares over a majority stake in ITA Airways. The talks were initially meant to expire on Sept. 30. Certares, backed by Air France-KLM and Delta Air...
Thoma Bravo and TPG show interest in Workiva takeover

Thoma Bravo and TPG show interest in Workiva takeover

Private equity firms have taken several software companies including Anaplan and Zendesk Inc private this year Cloud-based data platform Workiva has received takeover interest from private equity firms Thoma Bravo and TPG, Bloomberg News reported on Wednesday citing...