UPDATE: Battle at Arm China threatens $40bn Nvidia deal

UPDATE: Battle at Arm China threatens $40bn Nvidia deal

Nvidia’s $40bn deal for the UK-based chip designer Arm is facing fresh problems in China, after it emerged that the disaffected head of Arm’s local joint venture controls almost 17 per cent of the unit. Company registration documents reviewed by the Financial Times...
Blackstone Boosts Internet Bet With Virginia Data-Center Deal

Blackstone Boosts Internet Bet With Virginia Data-Center Deal

Blackstone Group Inc. is investing in a group of U.S. data centers as more consumers shift to the internet during the pandemic. A unit of the private equity giant is acquiring a roughly 90% interest in the real estate for eight single-tenant centers in Northern...
PE-backed Lenders pull IPOs even as mortgage market thrives

PE-backed Lenders pull IPOs even as mortgage market thrives

Two fast-growing US home lenders suspended their plans to list their shares last week, suggesting that the housing boom triggered by falling interest rates may rest on weak foundations. Caliber Home Loans originated $57bn in home loans in the first nine months of...
PE has a London problem – and it is hurting the UK

PE has a London problem – and it is hurting the UK

Ewan MacKinnon, a partner of Glasgow-based private equity company Maven Capital Partners, didn’t know what he was missing until his firm opened an office in Newcastle. For years, Maven staff used to scour for deals in the North-East of England from its Edinburgh...