A group led by North Asia-focused private equity firm MBK Partners is in talks to take Car Inc. Private, according to four people with knowledge of plans to buy the no. 1. China auto rental firm, worth $700 million (535.00 million pounds) by market value. The...
Global investment firm EQT agreed to buy EdgeConneX, a large data center provider, from investors including Providence Equity Partners. Financial terms weren’t announced, but Private Equity News’ sister title Barron’s has learned that EdgeConneX sold for $2.5bn...
The Carlyle Group, KKR and TPG Capital are three of the biggest names on the private equity landscape. In the second quarter of 2020, all three were among the 10 most active PE firms in the US, led by Carlyle and its 13 new investments. What other firms are at the top...
Starboard Value LP said on Tuesday it plans to raise $300 million through a blank-check acquisition vehicle, becoming the latest major hedge fund to jump on this year’s frenzy for such deals. Starboard, launched in 2011 by CEO Jeffrey Smith, joins the ranks of William...
Hony Capital-backed restaurant chain PizzaExpress has decided to permanently shut 73 outlets due to coronavirus lockdowns and higher costs, the company said in a statement. The chain, which has about 470 sites in the UK, expects the move to lead to the loss of about...
