Stone Point and GIC Near $3 Billion Deal for Ascensus

Stone Point and GIC Near $3 Billion Deal for Ascensus

Stone Point Capital and GIC Pte agreed to buy a majority stake in retirement and savings account provider Ascensus Inc. The investment firms are buying the company from backers including Genstar Capital, Aquiline Capital Partners and Atlas Merchant Capital, according...
Topshop’s former Oxford Street site on sale for £420m

Topshop’s former Oxford Street site on sale for £420m

For years it was the jewel in the crown of Sir Philip Green’s retail empire. But with the collapse of Arcadia last November, the former home of Topshop on Oxford Street is now on the market for a cool £420m. Marketing materials seen by The Times suggest the property...
PayPal Crypto Partner Paxos Raises $300m

PayPal Crypto Partner Paxos Raises $300m

Paxos, a major cryptocurrency company and PayPal’s crypto collaborator, has completed a massive fundraising round shortly after receiving preliminary approval to form a national trust bank. On Thursday, the firm announced a new $300m investment funding round bringing...