BC Partners invests in Davies in a $1.7 billion deal

BC Partners invests in Davies in a $1.7 billion deal

BC Partners agreed to take over insurance service company Davies, as it bets on fast-growing demand for outsourcing in the financial industry. The private equity firm signed a definitive agreement to buy a majority stake in London-based Davies, it said in a statement...
23andMe in Talks to Go Public Via Branson SPAC

23andMe in Talks to Go Public Via Branson SPAC

DNA-testing company 23andMe is reportedly in talks to go public through a $4bn deal with Richard Branson’s VG Acquisition Corp. A deal may be announced next month for 23andMe, less than three years since being evaluated at $2.5bn. Bloomberg reports that the two sides...