Silver Lake said on Wednesday it had raised about $20 billion for its buyout fund, Silver Lake Partners VI, as the technology-focused private equity firm looks to focus on large-scale investments. Silver Lake, which manages about $75 billion in combined assets under...
Energy infrastructure company New Fortress Energy Inc said on Wednesday it would buy Hygo Energy Transition Ltd for $2.18 billion to expand its presence in Brazil, as South America’s largest market opens its natural gas industry to private investors. Hygo is a 50-50%...
The European Commission said on Wednesday it approved the $27bn (£22bn) acquisition of Refinitiv by the London Stock Exchange (LSE.L) Group. LSE’s shares were roughly 1.8% higher Wednesday afternoon. The EC’s executive vice-president Margrethe Vestager, in charge of...
Utah-based fintech startup MX said on Wednesday it raised $300 million in a funding round led by private equity firm TPG Capital, giving it a valuation of $1.9 billion, as companies and investors seek to bet on the fast-growing e-commerce sector. The boom in...
The iconic Sandcrawler building, which is designed to resemble the Jawas’ vehicle from ‘Star Wars IV,’ has served as Lucasfilm’s primary animation and VFX facility in Asia since it was opened by George Lucas in 2013. Blackstone Group has... 