Bain-led Consortium to Buy Hitachi Metals for $7.5bn

Bain-led Consortium to Buy Hitachi Metals for $7.5bn

A consortium led by global private equity firm Bain Capital will buy all the shares of Hitachi Metals Ltd for $7.5 billion, Hitachi Ltd’s metals subsidiary said on Wednesday. For Hitachi, which currently owns 53% of Hitachi Metals, the deal is the latest divestiture...
Iconiq Targets $3.75bn for Sixth Growth Fund

Iconiq Targets $3.75bn for Sixth Growth Fund

Iconiq Capital LLC, an investment firm that manages money for some of the most prominent people in Silicon Valley, is raising a new fund to invest in fast-growing technology companies. The vehicle, Iconiq Strategic Partners VI, is targeting $3.75bn, based on...