Ontario Pension Said to Weigh $2.5 Billion Sale of Trucking Firm

Ontario Pension Said to Weigh $2.5 Billion Sale of Trucking Firm

Omers Private Equity Inc. is weighing a sale of Kenan Advantage Group Inc., a provider of bulk transportation that could fetch $2.5 billion or more including debt, according to people with knowledge of the matter. The private equity arm of the Canadian pension fund...
Summit Partners invests $56m in Dublin-based LearnUpon

Summit Partners invests $56m in Dublin-based LearnUpon

Summit Partners has invested $56m in LearnUpon, a Dublin-based corporate education technology provider. The investment is LearnUpon’s largest capital infusion since the company was formed in 2012, according to Brendan Noud, the company’s co-founder and chief...
BlackRock Says Scale of Restructuring May Exceed 2008 Crisis

BlackRock Says Scale of Restructuring May Exceed 2008 Crisis

BlackRock Inc. says that the scale of restructuring needs globally could exceed the previous peak that followed the 2008 global financial crisis. “One big reason is the significant growth in sub-investment grade debt,” the company’s research arm, BlackRock Investment...