Private-equity funds have increasingly begun to buy up professional services firms, as they face mounting pressure to deploy their capital quickly in the face of economic uncertainty. The number of private-equity backed acquisitions of UK professional services firms...
A year has passed since Gary Gensler was nominated to his post as SEC chairman. In that relatively short time, the agency has drawn up an agenda for private markets that is quickly gaining steam. Two pieces of news from recent weeks offer an indication of what the...
Kohl’s says that recent offers to purchase the department store chain undervalue its business. It says it is adopting a shareholder rights plan to head off any hostile takeovers. The shareholder rights plan is effective immediately and expires in a year. The move...
Two private equity firms have submitted binding bids to acquire a stake in Yes Bank’s proposed asset reconstruction company (ARC), two people aware of the development told CNBC-TV18. Four private equity players were reportingly shortlisted from a dozen Expressions of...
Private equity giants, including Apollo and Blackstone, are investing in Hollywood production companies as they look to reap the $115bn annually that US streaming services pour into TV shows and movies. These investors are betting that the fierce demand for new TV...