Ongoing trade tensions between the U.S. and China, coupled with strong policy moves, have given private equity limited partners pause and in some cases prompted divestiture of China holdings, according to industry sources. “Certain pension plans are sensitive to...
Trafigura, one of the world’s biggest independent oil traders, is making a big push into renewable energy with plans to build or buy 2 gigawatts of solar, wind and power storage projects over the next few years. The Geneva-based group has joined forces with IFM...
QuadPay, the US-based payment instalment platform, has secured a senior secured a revolving line of credit of up to USD200 million from Goldman Sachs, with mezzanine financing provided by Oaktree Capital. QuadPay secured the facility through Finitive’s direct lending...
Walmart Inc. has picked a consortium backed by TDR Capital as the preferred bidder for a majority stake in its U.K. grocery unit Asda, people with knowledge of the matter said. The investor group beat out rival private equity firm Apollo Global Management Inc. and is...
Orlando Bravo has argued for years that software is so essential to business that companies won’t stop paying for it, even in a crisis. The coronavirus pandemic has proven him out. As companies across various sectors of the economy laid off employees and dramatically...
