KKR on Tuesday reported second-quarter after-tax distributable earnings that were nearly flat compared to 2019 as the global investment firm rebounded from losses earlier in the year. New York-based KKR said after-tax distributable earnings were $325.6 million, or 39...
Blackbird Ventures has raised $500 million for its fourth fund, the largest in Australian venture capital history, while revealing a 9200 per cent return on a single investment in its first fund from 2013. The raising, which takes Blackbird’s total committed...
After first expressing interest earlier in the year, KKR has reportedly made a binding offer for 38% of TIM’s secondary copper and fibre networks The Italian government has long been hungry for TIM to consolidate its fibre business with that of state-owned Open Fiber,...
U.S. private equity deal and fundraising activity slowed during the second quarter as the coronavirus pandemic and consequential lockdown took its toll. Transactions Entry deal volume plunged 42.3% year over year to 932 announced transactions in the second quarter....
British roadside recovery group AA (AAAA.L) has received three cash takeover offers from private equity groups, it said on Tuesday, but is also considering selling fresh equity as it tries to slash its debt pile. The three bidders are Centerbridge Partners Europe and...