Two business development companies managed by a joint venture of FS Investments and KKR & Co.’s credit arm are planning to merge, creating a $15 billion lending vehicle that will be one of the largest providers of financing to midsized firms in the U.S. The merger...
Chinese private equity firm CITIC Capital plans to take private AsiaInfo Technologies Ltd in a deal that could value the telecom software provider at about $1.8 billion, two people with direct knowledge of the matter told Reuters. AsiaInfo’s largest shareholder with a...
Germany’s elite soccer body has attracted fresh private equity interest in its overseas media rights, as cash-hungry European leagues explore ways to unlock value from the world’s most popular sport. Advent International and BC Partners are among suitors that have...
The biggest private equity firms in the U.S. are unleashing a flurry of new leveraged buyouts and debt-funded dividends, seeking to make up for lost time after staying on the sidelines for much of 2020. From Blackstone Group Inc. to KKR & Co., firms have been...
European insurers have weathered the crucible of the coronavirus pandemic and are ready to do some deals. Last week a Canadian and Danish insurance consortium agreed to buy the UK’s RSA Insurance Group for £7.2bn. And on Friday, 20 November, Zurich Insurance...
