Norwegian aluminium maker Norsk Hydro has agreed to sell its underperforming Rolling division to private equity firm KPS Capital Partners for 1.38 billion euros ($1.65 billion), Hydro said on Friday. The division, which turns aluminium slabs into metal sheets used for...
Los Angeles Fire & Police Pensions plans to commit $700 million to $950 million to private equity in 2021, the $27.8 billion pension plan’s private equity strategic plan update shows. LAFPP committed $734.2 million to private equity in 2020. The plan had...
Twin Ridge Capital Acquisition, a blank check company formed by Twin Ridge Capital targeting the consumer and distribution sectors, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-third of a warrant,...
Fayetteville, Arkansas based start-up Natural Way Food Group has secured $1 million to accelerate their continued growth. The capital raise was led by Tusk Private Investment, a private investment firm with offices in Dallas and Northwest Arkansas focused on investing...
Mobile apps company Applovin Corp. filed for a U.S. initial public offering, disclosing that it flipped from a profit to a loss last year despite revenue gains. The Palo Alto, California-based company in its filing Tuesday listed the amount of the IPO as $100 million,...
