Private equity giant KKR & Co. submitted an expression of interest for a minority stake in Telecom Italia SpA’s landline network, people familiar with the matter said, in a move that could allow the ex-phone monopoly to achieve the long-planned spinoff of part of...
Goldman Sachs’ (GS.N) merchant banking unit and medical charity Wellcome Trust have agreed to sell here the British student accommodation company iQ to Blackstone (BX.N) for 4.66 billion pounds ($6.06 billion), the companies said. Britain is the second largest...
Wall Street investment bank Morgan Stanley will acquire E-Trade for $13 billion, the companies said on Thursday, the latest in a consolidation wave for the brokerage industry. Morgan Stanley will pay $58.74 a share in stock for E-Trade in a deal bringing together $3.1...
Private equity group Sycamore Partners takes 55 per cent in lingerie business Les Wexner will step down from his leadership roles at Victoria’s Secret after agreeing a deal with private equity firm Sycamore Partners to take the lingerie brand private. Sycamore will...
The report titled ‘PE/VC Agenda: India Trend Book 2020’ said that this is the third consecutive year that the private equity and venture capital sector has outperformed. “In terms of value, PE/VC investments increased by 28 per cent as compared to...
