BlackRock outlined new tools and investment strategies it will create to help clients navigate the net-zero transition in a client letter Thursday. The letter was sent to clients who have expressed an interest in how they can best invest during the transition,...
Budget carriers Frontier Group Holdings and Spirit Airlines unveiled plans to create the fifth-largest U.S. airline in a $2.9bn tie-up likely to tighten competition against traditional carriers. Franke’s private equity firm Indigo Partners, which is...
Bumble Inc said on Monday it has bought France’s Fruitz in its first acquisition, as the dating app company tries to strengthen its foothold in Europe, where it plays catch-up with Tinder owner Match Group. The financial terms of the deal were not disclosed. Launched...
KBC Bank Ireland – which is in the process of exiting the banking market in the Republic – has completed the sale of a roughly €1.1bn portfolio of non-performing mortgage loans to US private equity house CarVal. The transaction agreement was first agreed at the end of...
Apollo announced that funds within its Hybrid Value strategy have committed to invest $125m in Hero FinCorp Limited, one of the largest privately owned non-banking financial companies in India with a $3.7bn loan book. The commitment is part of a $267m fundraise by the... 