by Sebastian | Jun 1, 2021 | News
Private equity firms have spent nearly $40bn buying U.S. insurance companies in recent years, promising to earn higher returns on the mountains of money that insurers set aside to pay policyholders years or decades from now. The firms are moving some of the money out...
by Sebastian | Jun 1, 2021 | News
Private equity firms KKR and Clayton Dubilier & Rice LLC are close to a deal to acquire big-data specialist Cloudera, according to a report today from The Wall Street Journal. The Journal, quoting people familiar with the matter, says that the deal could be...
by Sebastian | Jun 1, 2021 | News
The Swedish fund EQT has offered $2.2bn to buy Telefonica’s submarine cable business, Spanish website El Confidencial reported on Tuesday, citing unidentified sources close to the operation. The Scandinavian private equity firm made a preliminary offer for the...
by Sebastian | May 31, 2021 | News
Arcano Asset Management has raised over EUR200 million to date for the Arcano Impact Private Equity Fund (AIPEF) and has already completed 10 transactions, including primary fund investments and direct co-investments in companies. AIPEF is looking to invest in private...
by Sebastian | May 31, 2021 | News
The local boss of UK wagering giant Entain has warned Tabcorp that a standalone TAB business could be worth far less than the cash offers on the table by the time a demerger is completed. The $11 billion Tabcorp is weighing up three offers for its betting business...