EQT Weighs Bid for the $9.9bn Swiss Software Specialist Temenos

EQT Weighs Bid for the $9.9bn Swiss Software Specialist Temenos

EQT is exploring a potential acquisition of Swiss banking software specialist Temenos AG, according to people familiar with the matter. The Stockholm-based buyout firm is in the early stages of considering a bid for Temenos, which has a market value of 9.1 billion...
Blackstone’s Earnings More Than Double on Strong Asset Sales

Blackstone’s Earnings More Than Double on Strong Asset Sales

Blackstone said its distributable earnings more than doubled in the third quarter to an all-time high. Blackstone and other private equity firms have capitalized on low interest rates and the economic recovery from the COVID-19 pandemic to sell many of their assets...