Intel to invest $253.5 million in India’s Reliance Jio Platforms

Intel to invest $253.5 million in India’s Reliance Jio Platforms

Intel  said on Friday it will invest $253.5 million in Jio Platforms, joining a roster of high-profile investors including Facebook, General Atlantic, and Silver Lake that have backed India’s top telecom operator in recent months. The American chipmaker’s investment...
Virgin Australia Bondholders Seek to Block Sale to Bain Capital

Virgin Australia Bondholders Seek to Block Sale to Bain Capital

Virgin Australia Holdings Ltd. bondholders asked the country’s deals regulator to let them pitch a plan to rescue the airline in an effort to derail a sale to Bain Capital LP. Singapore-based Broad Peak Investment Advisers Pte. and other bondholders told the Takeovers...
SoftBank-Backed Lemonade Jumps 86% in $319 Million U.S. Debut

SoftBank-Backed Lemonade Jumps 86% in $319 Million U.S. Debut

Lemonade Inc., the online home insurance provider backed by SoftBank Group Corp., jumped as much as 86% after raising $319 million in its U.S. initial public offering. Shares of the company opened at $50.06 and rose as high as $53.96 in New York trading Thursday. It...
Auster Capital holds first closes of Fund I in excess of USD500m

Auster Capital holds first closes of Fund I in excess of USD500m

Auster Capital, an independent private equity firm with a global mandate to pursue cross-border acquisitions, has held the first close of Auster Fund I in excess of USD500 million.  Support has been received from a variety of investors including sovereign wealth...
KKR Grows Real Estate Industrial Portfolio with New Acquisitions

KKR Grows Real Estate Industrial Portfolio with New Acquisitions

KKR, a leading global investment firm, today announced the acquisition of two industrial distribution properties totaling approximately 2.5 million square feet for an aggregate purchase price of approximately $260 million. The two properties are the first industrial...