by Sebastian | Dec 20, 2020 | News
Wells Fargo & Co. agreed to sell its $10 billion private student loan book to a group including Apollo Global Management Inc. and Blackstone Group Inc., according to people familiar with the matter. Wells Fargo said in a statement late on Friday that it had agreed...
by Sebastian | Dec 19, 2020 | News
Swiss baked goods maker Aryzta rejected on Friday an 800 million Swiss franc ($904 million) takeover approach from Elliott Advisors, saying it preferred to go it alone. “Aryzta announces that after careful review of the Elliott proposal, including the envisaged...
by Sebastian | Dec 19, 2020 | News
Private equity firm Blackstone Group Inc is in talks to merge U.S. benefits services provider Alight Solutions LLC with a blank-check acquisition firm backed by veteran investor Bill Foley, according to people familiar with the matter. The merger with Foley Trasimene...
by Sebastian | Dec 19, 2020 | News
PGIM Private Capital has completed fundraising for PGIM Capital Partners VI, L.P., surpassing its fundraising target with capital commitments of $2.23 billion. PGIM Private Capital is a leading source of private debt for public and private companies and is the private...
by Sebastian | Dec 19, 2020 | News
Buyout firms including PAI Partners and China’s CDH Investments are among suitors preparing first-round bids for Royal Philips NV’s home appliance unit, people with knowledge of the matter said. Apollo Global Management Inc. has also been considering a non-binding...
