Italian payments firm Nexi leads race for $10 bln Nets takeover

Italian payments firm Nexi leads race for $10 bln Nets takeover

Italian payments technology firm Nexi is leading negotiations to buy Nordic rival Nets Group in an all-stock deal worth about $10 billion after trumping competition from U.S. firm Global Payments Inc. The deal would transform Nexi, which has a market value of 8.4...
Mega-deals underscore PE’s growing embrace of VC deals in tech

Mega-deals underscore PE’s growing embrace of VC deals in tech

Over the past decade, the private equity industry has made an aggressive push into late-stage deals that were once solely carried out by venture capital firms. That trend was on full display in May, when a group co-led by Silver Lake, the Canada Pension Plan...
Biden Win Would Hit Private Equity Deals, Add Scrutiny to M&A

Biden Win Would Hit Private Equity Deals, Add Scrutiny to M&A

A Joe Biden victory on Novevember 3 would have a sweeping impact on mergers and acquisitions as he sets his sights on a higher corporate tax rate, new regulation and increased antitrust scrutiny. The biggest loser might be private equity dealmakers. If firms don’t...