Private equity fund HitecVision and its British unit Neo have entered exclusive negotiations to buy Exxon’s upstream assets in the central and northern North Sea, Hitec said on Thursday. Bids for ExxonMobil’s British North Sea oil and gas fields, which were expected...
UK-based CDC Group, a development finance and impact investor, has committed to making over $1bn in investments into Africa this year, the same amount targeted in 2020. The group will put money into financial institutions, infrastructure and climate, services,...
One of Donald Trump’s biggest financial backers, Blackstone Group Chairman Stephen Schwarzman, declared that the Biden administration would take a “softer tone” regarding China, and that he expected less animosity between the two countries. Schwarzman, who also...
Rotunda Capital Partners, an operationally focused, lower middle market private equity firm, announces the successful final closing of its debut institutional private equity fund, Rotunda Capital Partners Fund II, L.P. The fund closed on over $195 million of...
German online car retailer and leasing firm Mobility Holding known for the MeinAuto.de site is preparing for a stock market flotation that could value it at 1.3-1.4 billion euros ($1.6-1.7 bln), including debt, people close to the matter said. Mobility would be the... 