Blackstone Group Inc said on Monday it will invest $400 million in a joint venture with Swiss drug company Ferring that is working on an experimental gene therapy for bladder cancer, the private equity giant’s largest ever bet on drug development. Investing in...
Consumer goods giants Unilever (ULVR.L) and Henkel (HNKG_p.DE) and buyout funds including Advent and Cinven are exploring bids for some of Coty’s (COTY.N) top beauty brands in a deal worth up to $7 billion, three sources told Reuters. Colgate-Palmolive Co (CL.N) is...
The owner of English Premier League champions Manchester City is selling a $500 million stake to private equity firm Silver Lake, valuing the soccer club’s owner at $4.8 billion, the Financial Times reported on Wednesday, citing people with knowledge of the deal....
Goldman Sachs has assembled a team of five senior bankers devoted exclusively to building relationships with middle-market private equity firms, a first for the investment banking giant that pits it head-to-head with boutique firms that cater to those clients. David...