DoorDash said Monday it is aiming to raise up to $2.8 billion in an initial public offering (IPO), which could double the value of the U.S. food delivery start-up and be one of 2020’s largest public market debuts. DoorDash, the biggest U.S. third-party delivery...
The value of oil company shares owned by UK public pension funds has fallen by £2bn in less than four years as pressure mounts on retirement schemes to withdraw their support from environmentally damaging fossil fuel producers. Pension funds across the world have made...
Carlyle has sold its stake in PA Consulting Group in a deal valuing the UK-based advisory firm at £1.8bn, which ends a highly-acquisitive five-year period of private equity ownership. Dallas-based US consultancy Jacobs Engineering Group will buy a 65 per cent stake in...
Blackstone today announced that it has agreed to acquire DCI, a pioneer in quantitative credit investing with approximately $7.5 billion in AUM across the global investment grade, high yield and emerging corporate credit markets. The firm, based in San Francisco,...
Pittsburgh’s largest private equity firm, Incline Equity Partners, announced a pair of acquisitions by its portfolio company, Wholesale Supplies Plus. WSP, an Independence, Ohio-based distributor of materials, supplies and packaging used in the production of soap,...
