Brookfield Asset Management Inc. is embarking on an aggressive move into the secondary market for private assets, the first step in what Chief Executive Officer Bruce Flatt says could become a $50 billion business. The secondary market allows firms like Brookfield to...
Reebok Classics are not a good fit for Adidas. Buyout firms are interested in buying the underperforming brand, best known for 80s trainer styles, the Financial Times reported. For an acquirer to make a private equity-style return, however, the German sportswear group...
Great Canadian Gaming Corp said on Tuesday that Apollo Global Management would acquire the company for about C$2.16 billion ($1.66 billion) through funds managed by its affiliates. Apollo Global’s offer of C$39 per share is at a premium of about 34.9% as of Tuesday’s...
Kuwait’s $124 billion pension fund, which posted a record first-half profit, plans to double its infrastructure investment and boost exposure to private equity, its director general said. The new plan, developed with U.S.-based consultancy Mercer LLC, will start next...
Buyout firm Madison Dearborn Partners is considering a sale of Specialty Building Products that could value the business at about $1.1 billion, including debt, according to people familiar with the matter. The Chicago-based private equity firm is working with an...
