British Patient Capital, a government-backed investment vehicle, has ploughed more than £1bn into the UK tech sector, primarily by stumping up funds for private venture capital firms to invest on its behalf. The company’s annual results for the 12 months to 31 March...
Supreme, the streetwear brand with a cult following, is to become a stablemate of Timberland and The North Face after the listed clothing conglomerate VF reached a $2.1bn deal to buy the privately owned label. VF said on Monday it had agreed to acquire the clothing,...
Deutsche Bank rejected a request by the European Central Bank to suspend key parts of its leveraged finance operations over concerns that Germany’s largest lender was not properly monitoring risk in that area, according to people familiar with the matter. The...
A Joe Biden administration could cause serious pain for private equity managers’ wallets, potentially reversing the gains they have enjoyed from the 2017 tax overhaul. The Democratic presidential candidate’s tax proposal would upend the rules the buyout industry has...
SoftBank Group Corp said on Monday it spent 139.3 billion yen ($1.35 billion) repurchasing almost 20 million shares in October, part of a record buyback plan that has pushed the group’s share price to near two-decade highs. The repurchases represent a marked...
