New Energy Capital Partners expects President-elect Joe Biden to give a boost to the renewable energy sector by extending incentives just as the private-equity firm seeks to invest a $500 million credit fund focused on the sector. No matter which party controls the...
Granules India, which has been on the block for a while may have found a buyer in large private equity firm Carlyle Group, which has been active on pharma investments, three independent sources with direct knowledge of the acquisition told CNBC. They suggested that...
The Spanish banks BBVA and Sabadell have given up merger talks they confirmed less than two weeks ago because of disagreements over the pricing of the deal. Sabadell, which owns TSB in the UK, said it would now seek to “prioritise its Spanish domestic business”,...
SAIC Motor, China’s largest state-owned carmaker and the Chinese partner of General Motors, has established a private equity fund to finance its forays into developing smart cars with the country’s biggest technology company Alibaba Group Holding. SAIC...
The coronavirus pandemic is spurring deal opportunities in Italy’s luxury hotel sector as international travel restrictions aggravate financial woes. Italy is the only European country with more than 1m hotel rooms and big chains account for only 5 per cent of them,...
