EQT is pleased to announce that the EQT VIII fund has agreed to sell most of its stake in IFS and WorkWave to Hg in a transaction valuing the Companies at $10bn. Existing minority shareholder TA will also divest a portion of its stake to Hg. The EQT VIII and EQT IX...
TPG’s fourth-quarter after-tax distributable earnings rose 34% year-on-year, driven by strong asset sales across its portfolio of private equity, impact investment, growth equity, and real estate assets. The performance of many private equity firms were boosted...
Education group Pearson has rejected a third takeover offer from Apollo, valuing it at $8.8bn, prompting the U.S. investment company to walk away and sending its shares down 12%. Pearson revealed earlier this month that it had rejected two takeover approaches from...
The media measurement firm Nielsen Holdings, facing intense competition and criticism as it tries to make the transition to digital audience tracking from its longstanding TV business, said on Tuesday that it had agreed to be acquired by a private equity consortium...
The Los Angeles City Employees’ Retirement System is increasing the amount of capital its staff can commit to private equity without preapproval as part of a bid to form fewer but larger relationships with fund managers and get better legal and economic terms for... 