KPMG helped a US private equity firm force the insolvency of a UK-listed business to acquire the company without the burden of its £100m pension scheme, according to a case brought against the professional services firm by the accounting regulator. The Financial...
Omers Private Equity is weighing options for ERM Group Inc., including a potential sale that could value the sustainability consultancy at as much as $2.5 billion, people familiar with the matter said. The unit of Canada’s Ontario Municipal Employees Retirement System...
Taylor Swift’s music catalogue has been sold to private equity group Shamrock Capital for more than $300m, turning a handsome profit — but not for the artist — as the valuation of music rights soars. The transaction drew an immediate rebuke from Ms Swift, who...
Indonesia’s new sovereign wealth fund will offer dedicated industry funds in a bid to drum up $15 billion investment and deepen access to global capital by Southeast Asia’s biggest economy, finance minister Sri Mulyani Indrawati told Reuters. The structure, outlined...
Home Depot has struck a deal to acquire its former subsidiary HD Supply for $9.1bn, increasing the US retailer’s presence in wholesale distribution 13 years after it disposed of the business. The world’s biggest home improvement chain said on Monday it had agreed to...
