Swiss contract drug maker Lonza has shortlisted German chemicals group Lanxess and private equity groups in the sale of its Lonza Specialty Ingredients (LSI) unit worth more than $3.38 billion, people close to the matter said. Buyout groups Advent, Carlyle, Partners...
Waterland Private Equity Investments has closed ts eighth institutional fund, Waterland Private Equity Fund VIII at EUR2.5 billion. The fund closed at its hard cap three months after its initial launch. WPEF VIII was considerably oversubscribed with demand...
A group of 30 asset managers with more than $9 trillion under management launched the Net Zero Asset Managers Initiative on Friday to help clients ensure their portfolios are carbon neutral by 2050. The group, which includes Schroders and UBS Asset Management, said it...
Hyundai Motor Group and its chairman have agreed to buy an 80% stake in Boston Dynamics from SoftBank Group Corp, as the South Korean automaker group seeks to expand factory automation and design autonomous cars, drones and robots. Hyundai Motor Group said on Friday...
U.S. private equity firms Sequoia Capital and KKR & Co are leading ByteDance’s latest funding round that will value the Chinese tech giant and TikTok owner at $180 billion, two people familiar with the matter said. The funding round, which aims to raise $2 billion...
