iDreamSky Technology Holdings Ltd. and buyout firm CVC Capital Partners are considering reducing their offer to jointly acquire rival gaming company Leyou Technologies Holdings Ltd., according to people familiar with the matter. The suitors are seeking to...
Private equity firms are fretting that they may be excluded from a small business loan program established as part of the $2 trillion stimulus bill. But they have already taken note that they qualify for another key provision in the legislation: the “payroll tax...
The venture capital arm of Abu Dhabi state investor Mubadala plans to launch a healthcare fund next year to tap into increased demand for investment in life sciences and digital health technology following the coronavirus outbreak. “We are considering next year...
European private equity firms are putting plans to divest portfolio companies on ice, as the market rout and weak business performance keep bidders away. EQT AB is deferring the sale of software maker IFS, people with knowledge of the matter said. It collected initial...
Red Lobster, P.F. Chang’s, and the perils of owning food businesses in the age of Covid-19. Private equity-owned restaurant chain Red Lobster has posted an “coronavirus alert” on its website informing customers how dramatically its operations have changed in a short... 