William Ackman, whose blank check acquisition company struck a deal to buy 10% of Universal Music Group (UMG) last week, is exploring options to increase his stake in the music label and already pushing ahead with his next deal, he told investors on Wednesday. The...
KKR & Co. is making a fresh play for the suburbs, forming a new single-family landlord, My Community Homes, that plans to buy and manage rental houses across the U.S. KKR is investing in the platform through its real estate and private credit funds, according to...
Housebuilder and logistics firm St. Modwen Properties said on Thursday it has agreed to a sweetened $1.75bn offer from U.S. private equity firm Blackstone to take it private. Demand for warehousing has soared as the pandemic accelerated a shift to online shopping and...
KKR has agreed to acquire a majority stake in New Zealand-based online education company Education Perfect from Mulpha International in a deal valuing the company at $319m, a spokeswoman said on Wednesday. Mulpha, which originally invested $11.21m in the online...
Five-year old self-driving truck startup Embark Trucks Inc. said Wednesday it would merge with special purpose acquisition company Northern Genesis Acquisition Corp. II in a deal valued at $5.2bn. Embark takes a different approach to autonomous trucking: As opposed to... 