Blackstone Group Inc. is in advanced talks to buy L&T Asset Management Co. as the private equity giant looks to double down on its investments in India, its strongest performer, amid depressed valuations because of the coronavirus outbreak, two people with direct...
Datto Holding Corp., a developer of cloud-based data backup software, raised $594 million in an initial public offering priced at the top end of a marketed range. The company sold 22 million shares on Tuesday for $27 each, according to a statement. Datto had marketed...
Volkswagen Group is hosting preliminary talks with potential bidders for its Ducati brand to gauge potential interest in the motorcycle maker ahead of a November planning round, three people familiar with the matter told Reuters. During the five-year planning round,...
Omers Private Equity Inc. is weighing a sale of Kenan Advantage Group Inc., a provider of bulk transportation that could fetch $2.5 billion or more including debt, according to people with knowledge of the matter. The private equity arm of the Canadian pension fund...
The Canada Infrastructure Bank (CIB) says there will be private investors for its projects, and it is in talks with private and public landowners about financing building retrofits as part of the government’s plan to foster a green economic recovery. “We actually... 