The operator of Pizza Hut and KFC in India has sought the market regulator’s approval to go public. Devyani International Ltd. will offer fresh equity shares worth up to around $55m and an offer-for-sale of equity shares by Dunearn Investments (Mauritius) Pte. Ltd.—an...
American investment bank Stifel and British wealth manager Tilney Smith & Williamson are vying with Bank of Ireland to acquire Davy Stockbrokers, with a deadline of the end of July set for the selection of a preferred bidder. Sources say that a consortium of...
Brookfield Asset Management said it plans to raise $100 billion for its next round of flagship funds after it delivered first-quarter earnings buoyed by share sales and asset divestitures. The Toronto-based alternative asset manager sold $13 billion of assets during...
Schroders spent months exploring a potential acquisition of M&G, a deal that would have created a U.K. fund powerhouse overseeing more than $1 trillion of assets, people with knowledge of the matter said. London-based Schroders was working with a partner earlier...
Genstar Capital, a private equity firm focused on investments in targeted segments of the financial services, healthcare, industrials, and software industries, is to acquire a majority ownership stake in Vector Solutions, a provider of industry-focused software... 