by Sebastian | Dec 19, 2019 | News, SEAPEC
Intel Corp. bought Habana Labs, an Israeli startup that develops chips for artificial intelligence applications, for about $2 billion to bolster its efforts in the fast-growing market for AI silicon. The purchase is the latest in a string of acquisitions aimed at...
by Sebastian | Dec 19, 2019 | BPEC, DPEC, IPEC, ITPEC, News
Telecoms and cable group Altice Europe (ATCA.AS) said on Friday it would sell a 50% stake in its Portuguese fibre network to Morgan Stanley Infrastructure Partners (MS.N) for 2.3 billion euros ($2.5 billion) to help pay down its debt. Shares in the Amsterdam-listed...
by Sebastian | Dec 19, 2019 | DPEC, GPEC, News
German perfume and cosmetics retailer Douglas has set the scene for a possible return to the stock market by growing strongly online, although a decision rests with private equity owners CVC Capital, its chief executive said. “We have brought this company to excellent...
by Sebastian | Dec 19, 2019 | BPEC, DPEC, FPEC, GPEC, IPEC, ITPEC, News, NPCD, PPEC, SPEC, UKPEC
The record-setting sums raised by Blackstone and other large private equity firms this year are unlikely to be matched in 2020, according to PitchBook. Private equity fundraising in North America and Europe hit another all-time high in 2019, driven in part by...
by Sebastian | Dec 19, 2019 | News, SEAPEC
American Express Global Business Travel said Carlyle Group and several big name investors are buying a stake in the corporate travel company. American Express Co. will retain 50% ownership, according to a statement Tuesday. The deal values the unit at $5 billion,...
