Blackstone Group Inc.’s private equity business raised $8 billion for a fund that aims to hold companies for longer periods than its typical investments. The firm’s second core private equity fund will be more than 70% larger than its first, which closed in 2016....
Genworth MI Canada said on Monday real estate service provider Brookfield Business Partners will buy the remaining 43% stake it does not hold in the mortgage insurer for about C$1.6 billion ($1.21 billion). Brookfield, which owns about 57% of the firm that now...
Aero-engine maker Rolls-Royce will ask shareholders on Tuesday for 2 billion pounds ($2.6 billion) in a make-or-break attempt to survive the COVID-19 pandemic, which has stopped planes flying and hammered its finances. At stake is the future of a company which has...
Buyout group EQT has kicked off the sale of facilities manager Apleona, previously part of industrial services group Bilfinger , for up to 2 billion euros ($2.4 billion), people close to the matter said. EQT, which is working with Deutsche Bank on the sale, last week...
Thoma Bravo, a private equity firm focused on technology and software, has collected $22.8bn from investors for three funds in one of the largest tech-focused private equity fundraising hauls to date. The Chicago-based private equity firm collected $17.8bn for its...