Deals Begin Slow Rebound With Coffee IPO, Food-Delivery Merger

Deals Begin Slow Rebound With Coffee IPO, Food-Delivery Merger

A sudden spate of multibillion-dollar stock sales and corporate takeovers has raised hopes of a rebound from the severe dropoff in dealmaking brought on by the coronavirus crisis. JDE Peet’s, the world’s largest pure-play coffee company, on Tuesday unveiled plans for...
How Private Equity Is Ruining American Health Care

How Private Equity Is Ruining American Health Care

Investors have been buying up doctor’s offices, cutting costs, and, critics say, putting pressure on physicians in ways that hurt patients. The pandemic could make things even worse. Not long after Gavin Newsom, the governor of California, ordered the state’s 40...
Private Equity, Hedge Funds Get Unlikely Foe in GOP Think Tank

Private Equity, Hedge Funds Get Unlikely Foe in GOP Think Tank

A new conservative think-tank in Washington is launching its first campaign Wednesday with what could be a long-shot goal — persuading pro-business Republicans that they should cast a more skeptical eye on Wall Street’s private equity firms and hedge funds....
Blackstone Seeking to Lower $1.4 Billion Bid for Dutch Lender

Blackstone Seeking to Lower $1.4 Billion Bid for Dutch Lender

Blackstone Group Inc. is seeking to renegotiate the terms of its planned 1.3 billion-euro ($1.4 billion) offer for Dutch lender NIBC Holding NV, people with knowledge of the matter said. The buyout firm aims to secure a lower price after the coronavirus pandemic...

SoftBank Doubles Buyback Plans While Jack Ma Leaves Board

SoftBank Group Corp. doubled the amount it plans to spend buying back shares and announced changes to its board, including the resignation of long-time director Jack Ma. The company plans to repurchase as much as 500 billion yen ($4.7 billion) worth of its own stock...