Air conditioner maker Carrier Global Corp said it would sell its remaining stake in Swedish wholesaler Beijer Ref AB to private equity group EQT for about $1.1 billion. EQT said the deal to buy 29.6% of shares and 26.4% of votes would make it the largest shareholder...
Nearly 50 buyout firms and investors have signed a global initiative that aims to improve diversity and inclusion among their ranks, a U.S. private equity investor association said on Monday. The move comes as Wall Street tries to shake off its male- and...
Swedish real estate firm Balder has bought a 5% stake in Norway’s Entra but has no plans to join an ongoing takeover battle for the Oslo-listed firm, it said on Monday. Two other Swedish real estate firms, SBB and Castellum, are both bidding for Entra, Norway’s...
Consumer-software company NortonLifeLock said it has agreed to buy the cybersecurity and privacy company Avira for about $360m in cash from Investcorp Technology Partners, giving NortonLifeLock more market access in Europe and emerging markets. Avira chief executive...
Online lending startup Social Finance Inc (SoFi) has held discussions with blank-check acquisition companies about a deal that would allow it to debut in the stock market, people familiar with the matter said on Monday. The discussions show that going public is... 