The European Commission said on Wednesday it approved the $27bn (£22bn) acquisition of Refinitiv by the London Stock Exchange (LSE.L) Group. LSE’s shares were roughly 1.8% higher Wednesday afternoon. The EC’s executive vice-president Margrethe Vestager, in charge of...
Utah-based fintech startup MX said on Wednesday it raised $300 million in a funding round led by private equity firm TPG Capital, giving it a valuation of $1.9 billion, as companies and investors seek to bet on the fast-growing e-commerce sector. The boom in...
The iconic Sandcrawler building, which is designed to resemble the Jawas’ vehicle from ‘Star Wars IV,’ has served as Lucasfilm’s primary animation and VFX facility in Asia since it was opened by George Lucas in 2013. Blackstone Group has...
Veritas Capital Fund Management LLC is pitching a second new investment strategy to investors after collecting $400 million for its maiden credit fund in October. The private-equity firm is targeting $1.25 billion for a new midmarket fund, according to people familiar...
Investment firm Sixth Street Partners is nearing a deal to buy a majority stake in sports-and-entertainment events company Legends Hospitality LLC, according to people familiar with the matter. The deal, which could be announced Monday, is expected to value Legends at...
