Flush with cash, PE firms confront their new reality

Flush with cash, PE firms confront their new reality

Private equity has lots of money at the ready—the question is, what will it be used for? In the months ahead, a decline in prices across the market means investors will be looking at an unprecedented opportunity to buy. On the other hand, they will be trying to keep...
BlackRock, Snam Bid for Stake in $15 Billion Adnoc Unit

BlackRock, Snam Bid for Stake in $15 Billion Adnoc Unit

BlackRock Inc., KKR & Co. and Italian infrastructure operator Snam SpA are among suitors that made initial bids for a stake in Abu Dhabi National Oil Co.’s natural gas pipelines, which could be valued at about $15 billion, people familiar with the matter said....