Atlanta Hawks valued at $2bn as Dyal closes in on minority stake

Atlanta Hawks valued at $2bn as Dyal closes in on minority stake

The National Basketball Association’s (NBA) Atlanta Hawks are close to offloading a minority stake to US private equity firm Dyal HomeCourt Partners, according to Sportico. While it is unclear how big Dyal’s share would be, the sports business outlet reports that the...
Embraer’s Air Mobility Unit Agrees to $2.4 Billion SPAC Deal

Embraer’s Air Mobility Unit Agrees to $2.4 Billion SPAC Deal

Embraer SA’s Eve Urban Air Mobility unit will merge with Zanite Acquisition Corp. next year, the latest in a string of deals as flying-taxi startups seek capital from public markets. The transaction announced Tuesday includes $237 million in cash from Zanite, a...
Warburg Pincus closes $2.8bn inaugural Asia real estate fund

Warburg Pincus closes $2.8bn inaugural Asia real estate fund

U.S. private equity powerhouse Warburg Pincus has closed its inaugural Asia-focused real estate fund at $2.8bn, the firm said on Wednesday. The Warburg Pincus Asia Real Estate Fund is the second-largest fund dedicated to the sector in Asia, according to data provider...