by Sebastian | Dec 8, 2020 | News, NPCD
Air conditioner maker Carrier Global Corp said it would sell its remaining stake in Swedish wholesaler Beijer Ref AB to private equity group EQT for about $1.1 billion. EQT said the deal to buy 29.6% of shares and 26.4% of votes would make it the largest shareholder...
by Sebastian | Dec 8, 2020 | News, NPCD
Nearly 50 buyout firms and investors have signed a global initiative that aims to improve diversity and inclusion among their ranks, a U.S. private equity investor association said on Monday. The move comes as Wall Street tries to shake off its male- and...
by Sebastian | Dec 8, 2020 | News, NPCD
Swedish real estate firm Balder has bought a 5% stake in Norway’s Entra but has no plans to join an ongoing takeover battle for the Oslo-listed firm, it said on Monday. Two other Swedish real estate firms, SBB and Castellum, are both bidding for Entra, Norway’s...
by Sebastian | Dec 8, 2020 | News
Consumer-software company NortonLifeLock said it has agreed to buy the cybersecurity and privacy company Avira for about $360m in cash from Investcorp Technology Partners, giving NortonLifeLock more market access in Europe and emerging markets. Avira chief executive...
by Sebastian | Dec 7, 2020 | News
Online lending startup Social Finance Inc (SoFi) has held discussions with blank-check acquisition companies about a deal that would allow it to debut in the stock market, people familiar with the matter said on Monday. The discussions show that going public is...
