by Sebastian | Jan 4, 2021 | News
Ardian has entered into a definitive agreement to buy pay service provider PRGX Global for $195 million in cash. PRGX shares rose 4.6% to $7.70 at the close on Thursday. According to the terms of the deal, the private investment house will pay PRGX Global (PRGX)...
by Sebastian | Jan 4, 2021 | News, UKPEC
Kantar has announced the sale of its health business, as the firm continues to reorganise its properties in the wake of its 2019 purchase by Bain Capital. Cerner hopes that Kantar Health will enable it to provide insights and real-world data to pharmaceutical clients...
by Sebastian | Jan 4, 2021 | News
Ares Management Corp, a Los Angeles, California-based global alternative asset manager, has raised $11 billion in total capital commitments for its fifth Europe credit fund, Ares Capital Europe V, according to a filing with the SEC, dated 30 Dec 2020. Based on the...
by Sebastian | Jan 4, 2021 | News
Private equity firms Brookfield, Bain Capital, Carlyle, and UK-based Permira have initiated due diligence for buying a controlling stake in Blackstone-backed tech firm Mphasis, reports said. Blackstone is looking to cash out of its largest investment in the country...
by Sebastian | Jan 4, 2021 | News
A total of 2,496 transactions were announced globally in the final two weeks of 2020, according to data compiled by Bloomberg. That’s the most for a festive fortnight on record, the data show. More than $187 billion of deals came during the period, led by buyout firm...