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...
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...
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...
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...
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...
