Private equity firm Silver Lake Partners is in talks to invest $1 billion in the retail arm of India’s Reliance Industries Ltd, the Financial Times reported on Thursday, citing people with direct knowledge of the matter. The investment, which would value Reliance...
Virgin Group founder Richard Branson and the union representing the bulk of workers at collapsed airline Virgin Australia have thrown their support behind Bain Capital, saying they will back the proposal from the private equity outfit to resuscitate the stricken...
German credit marketplace Auxmoney said it has raised €150m in one of Europe’s largest funding rounds for a financial-technology company in 2020 so far. The equity raise was led by US private equity firm Centerbridge Partners, which is also acquiring shares from...
QuantumScape, the 10-year-old Silicon Valley battery startup backed by Volkswagen AG (VOWG_p.DE), said on Thursday it plans to go public through a reverse merger with Kensington Capital Acquisition Corp with an enterprise value of $3.3 billion. San Jose-based...
U.S. wireless carrier Verizon Communications Inc and Amazon.com Inc may invest more than $4 billion for a stake in India’s Vodafone Idea Ltd, the Mint newspaper reported on Thursday, sending shares in the struggling Indian telecom firm up as much as 14%. The news...
