Carlyle said it agreed to sell Liberty Tire Recycling LLC to infrastructure investor ECP, which people familiar with the matter said is paying roughly $750 million for the company. The deal for the tire-recycling company reflects the continuing efforts by Summit,...
Hertz Global Holdings Inc. has picked a restructuring offer from company bondholders and private-equity investors that have agreed to supply billions of dollars in equity capital the bankrupt rental car provider needs to leave chapter 11. Hertz tapped a consortium...
The valuation of ByteDance is approaching US$400 billion for private-equity investors, a source told the South China Morning Post, as the Chinese owner of short video-sharing app TikTok cements its leading position among global tech unicorns. The new valuation of...
Providence Strategic Growth Capital Partners is pitching investors on a new $4 billion fund, according to people familiar with the fundraising, which would make it the investment firm’s largest fund should it reach that target. The new fund, called PSG V LP, would be...
U.S. private equity giant Warburg Pincus has applied to set up a securities joint venture in China, regulatory filings showed on Friday. No information was given on an intended Chinese partner or shareholder structure and Warburg Pincus declined to comment. China... 