Brookfield Business Partners LP and its institutional partners said on Monday they would acquire U.S. car parts maker DexKo Global Inc from private equity firm KPS Capital Partners LP for $3.4bn. Based in Novi, Michigan, DexKo produces engineered trailer running gear...
New York-headquartered Apollo Global Management, which last year missed out on buying Morrisons rival Asda, said it was examining a potential offer but had not approached its board. Private equity groups have embarked on a spending spree on assets around the world in...
A group of Bridgepoint employees and former staff pocketed nearly half a billion pounds two years ago after the private equity firm’s funds recorded a bumper profit. The large award came from a scheme that allows Bridgepoint workers, from investment managers to junior...
U.K.-based digital bank Revolut is in “detailed talks” with SoftBank about a fundraising round that could value the firm between $30bn and $40bn, according to a Sky News report. Revolut and its advisers have asked investors at SoftBank’s Vision Fund 2 to submit...
Warburg Pincus is creating a Chinese asset management company to invest in distressed real estate opportunities, with plans to garner $5bn in assets in five years. The US private equity firm will work with Wensheng, one of the largest special situation asset managers... 