BlackRock, Snam Bid for Stake in $15 Billion Adnoc Unit

BlackRock, Snam Bid for Stake in $15 Billion Adnoc Unit

BlackRock Inc., KKR & Co. and Italian infrastructure operator Snam SpA are among suitors that made initial bids for a stake in Abu Dhabi National Oil Co.’s natural gas pipelines, which could be valued at about $15 billion, people familiar with the matter said....
Carlyle raises $2.3 billion for its biggest Japan fund to date

Carlyle raises $2.3 billion for its biggest Japan fund to date

Carlyle Group (CG.O) said it has raised 258 billion yen ($2.3 billion) for its biggest Japan fund to date, aiming to pick up businesses shed by conglomerates as well as companies where elderly owners have no obvious successors. It is the U.S. buyout firm’s fourth...
Private equity’s five-step playbook for weathering coronavirus

Private equity’s five-step playbook for weathering coronavirus

McKinsey has issued guidance for the industry as it faces business disruption Private equity firms and the companies they invest in need to adjust quickly to the “new reality” of the coronavirus, according to McKinsey. Its guidance comes as the rapid spread of...
Apollo Buys Part of United Airlines Loan Banks Wanted to Shed

Apollo Buys Part of United Airlines Loan Banks Wanted to Shed

Apollo Global Management Inc. has bought a chunk of a loan arranged by a group of banks that will help United Airlines Holdings Inc. boost liquidity as the fast-spreading coronavirus wreaks havoc across the travel industry, according to people familiar with the...