by Sebastian | Feb 13, 2021 | News
The £4bn flotation of Darktrace, one of Britain’s most prominent technology companies, has been dealt a severe blow by the resignation of one of the investment banks hired to lead it. Sky News has learnt that UBS, the Swiss bank, has informed Darktrace that it...
by Sebastian | Feb 13, 2021 | News
Insight Partners, one of the oldest private investment firms focused on technology deals, soon plans to pitch its next flagship fund with a goal of at least $12 billion, according to people familiar with the matter. The New York firm—which could start the fundraising...
by Sebastian | Feb 13, 2021 | News
The $5 billion-plus bid battle for British security firm G4S will be settled by a rare head-to-head auction later this month if one of its two North American suitors hasn’t prevailed by then, Britain’s takeover regulator said on Friday. The Takeover Panel’s decision...
by Sebastian | Feb 12, 2021 | News
BayPine, which was co-founded by Silver Lake co-founder David Roux, has rounded up at least $1.1 billion in an initial closing on its debut fund, putting the fund more than halfway to a $2 billion goal, according to people familiar with the offering. Boston-based...
by Sebastian | Feb 12, 2021 | News
KKR has provided a $375 million refinance for Center Plaza, an iconic office and retail asset in Boston, sources familiar with the deal told Commercial Observer. The property, owned by BentallGreenOak and Synergy Investments, is a mixed-use complex totaling 741,237...
by Sebastian | Feb 12, 2021 | News
General Motors Co., Detroit, expects to contribute about $500 million to its non-U.S. pension funds in 2021. The automaker also expects to contribute about $70 million to its U.S. non-qualified pension funds during the year, according to a 10-K filing Wednesday with...