Private equity firm Hg is to take a stake worth almost $1bn in the insurance broker Hyperion, in a deal that values the group at about $5bn including debt and will give it more firepower for acquisitions just as two of its largest rivals merge. Following the...
David Beckham’s Guild Esports has raised 20 million pounds ($25.73 million) and plans to make its debut on the London Stock Exchange on Friday, making the former England soccer captain’s esports enterprise the first to go public in Britain. The company said on Tuesday...
The world’s largest oil traders are rushing to plough billions of dollars into renewable energy projects in the next five years, as they speed up preparations for a dramatic shift in the world’s energy mix. Marco Dunand, chief executive of Swiss commodity trader...
Blackstone, one of the world’s largest owners of real estate, is making a new commitment to cut its carbon footprint. The investment firm has set a goal of reducing carbon emissions by 15% within the first three years of buying any asset or company across its...
Earnout provisions are making a comeback in private equity deals as investors try to address the market uncertainty caused by the coronavirus pandemic. Earnout provisions allow private equity buyers to defer a portion of a deal’s purchase price over a period of time...
