Britain’s Playtech said on Wednesday it would sell its financial trading unit to Gopher Investments, the company’s second-biggest shareholder, for $250m, after investors had rejected a rival deal agreed to earlier this year. The cash deal for Finalto has been...
KKR is considering a sale of its Japanese power tool and life science equipment maker Koki Holdings Co. amid interest from potential buyers, according to people familiar with the matter. The New York-based private equity firm is working with a financial adviser on the...
A group of global private equity firms and pensions funds managing over $4 trillion in assets have joined hands to standardize reporting on environmental, social and governance (ESG) performance of portfolio companies. The group, led by Carlyle Group and the...
New Jersey’s state pension manager plans to begin reinvesting gains from a $1.7bn separately managed account run by BlackRock Inc. as a way to increase exposure to private equity, according to documents prepared for a public meeting on Wednesday. The state’s Division...
U.S. private equity firm Apollo Global Management said funds managed by its affiliates will buy Mitsubishi Chemical’s thermal and emission control protection materials business. The deal, which is expected to close by March 2022, marks Apollo’s second private equity... 