CD&R to sell Capco in $1.45bn deal

CD&R to sell Capco in $1.45bn deal

Clayton, Dubilier & Rice (CD&R) is to sell its portfolio company Capco, a global management and technology consultancy, to Wipro Limited, a leading global information technology, consulting and business process services company. The transaction, expected to...
How the rocket business launched a wave of blank check acquisitions

How the rocket business launched a wave of blank check acquisitions

In 2019, Virgin Galactic took the first small step for a space company—and a giant leap for global finance. It became a publicly traded company through a merger with a special purpose acquisition company, or SPAC. The transaction kicked off a trend, with risky private...