Broadband firm Starry to go public in near-$1.7bn SPAC deal

Broadband firm Starry to go public in near-$1.7bn SPAC deal

Starry said on Thursday it has agreed to go public through a merger with blank-check firm FirstMark Horizon Acquisition Corp in a deal that would value the broadband services provider at $1.66bn. As part of the agreement, Starry will get $452 million in cash,...
Centerbridge, TowerBrook Explore $2bn Aareal Bank Takeover

Centerbridge, TowerBrook Explore $2bn Aareal Bank Takeover

A consortium led by private equity firms Centerbridge Partners and TowerBrook is exploring a takeover of Aareal Bank AG valuing the German real estate lender at about $2bn. The investor group, which also includes Advent International, has started talks on the...
EQT sells VFS Global to Blackstone for $2.5bn

EQT sells VFS Global to Blackstone for $2.5bn

EQT is pleased to announce that the EQT VII fund has signed a definitive agreement to sell a majority stake in VFS Global to private equity funds managed by Blackstone. EQT Private Equity will retain a minority position in the Company alongside Blackstone and the...
Orlando Bravo Says Private Equity Firm Will Invest in Blockchain

Orlando Bravo Says Private Equity Firm Will Invest in Blockchain

Billionaire private-equity manager Orlando Bravo said that his firm plans to invest in blockchain technology companies. “We will be big players on the buyout side as this industry matures,” the Thoma Bravo co-founder said Thursday at the Bloomberg Invest Global...
Investcorp acquires U.S. warehouses for $380m

Investcorp acquires U.S. warehouses for $380m

Middle East private equity firm Investcorp has acquired 89 industrial properties in the United States for $380 million, it said on Thursday. The industrial warehouses are located in Los Angeles, California, Dallas, Texas, Phoenix, Arizona, Seattle and Washington, it...