by Sebastian | Jun 4, 2021 | News
Private-capital groups built up sharply different portfolios before and during the pandemic, putting billions of dollars to work. The reopening of the economy from the pandemic is setting up a contest between the most powerful investment firms on Wall Street. ...
by Sebastian | Jun 4, 2021 | News
Insurance broker Aon said it will sell some assets to private equity firm Aquiline Capital Partners and tech firm Alight for $1.4 billion, in a bid to get U.S. Department of Justice approval for its merger with Willis Towers Watson. The deal includes selling...
by Sebastian | Jun 4, 2021 | News
Shares of DLocal Ltd jumped nearly 48% in their Nasdaq debut on Thursday, giving the Uruguayan cross-border payments firm a market capitalization of about $9 billion. The company’s stock opened at $31, compared with the initial public offering price (IPO) of $21....
by Sebastian | Jun 4, 2021 | News
Invesco and Searchlight Capital Partners LP are lobbying creditors of Mediapro to back a restructuring deal enabling them to take a stake in the producer of top-flight Spanish soccer broadcasts left reeling by the pandemic. The investment firms sent a restructuring...
by Sebastian | Jun 4, 2021 | News
Billionaire William Ackman’s Pershing Square Tontine Holdings is in talks to buy 10% of Universal Music Group in a deal that would value the label at $40 billion and make it the largest ever investment by a blank check vehicle. Pershing would invest $4 billion to buy...
