by Sebastian | Feb 20, 2020 | News
Two groups of private-equity firms are through to the next round in the heated takeover battle for Thyssenkrupp AG’s $17 billion elevator business, a sale which could rank as one of the biggest deals globally this year. The shortlist of potential buyers consists of a...
by Sebastian | Feb 20, 2020 | News
Philip Falcone is in the crosshairs of an activist investor who wants to remove him — along with the rest of the board — from HC2 Holdings Inc. MG Capital, run by former Third Point executive Michael Gorzynski, wrote in a letter to shareholders Tuesday...
by Sebastian | Feb 20, 2020 | News
BlackRock (BLK.N), the world’s biggest asset manager, has appointed two executives to oversee its operations in continental Europe as part of efforts to expand in the region, a memo to staff on Wednesday seen by Reuters showed. BlackRock has accelerated its investment...
by Sebastian | Feb 20, 2020 | FPEC, News
Toast Inc., which makes point-of-sale technology for restaurants, raised $400 million at a $4.9 billion valuation in a fundraising round led by investors including Bessemer Venture Partners and TPG. Other investors that led the funding round are Tiger Global...
by Sebastian | Feb 20, 2020 | News
That it’s become mainstream for large investors seeking attractive risk/return trade offs beyond traditional markets should not be lost on retail investors. A decade ago private equity was considered to be a fringe asset class but today it is generally accepted...
