Private equity giant KKR has reached an agreement to buy the Dutch vacation company Roompot from European private equity firm PAI Partners, the companies said in a statement. Financial terms were not disclosed, but Reuters, citing a source familiar with the...
The meltdown at Wirecard AG is raising questions about the company’s complicated relationship with the troubled SoftBank Group Corp. The Japanese conglomerate signed a strategic cooperation agreement with the payments firm last year and agreed to buy $1 billion of...
The State Street Private Equity Index (SSPEI) posted its second-highest quarterly performance in the past two years with a return of 4.35% in the last three months of 2019, up from 0.82% in the third quarter of the same year. The improved figures will come as a relief...
Blackstone Group Inc. is emerging as the frontrunner to take over Larsen & Toubro Ltd.’s mutual fund arm, in what could be the first entry by a major foreign private equity firm into India’s $350 billion asset management industry, people familiar with the matter...
The London-listed, Asia-focused insurer has been looking for ways to bring external capital into the U.S. annuity provider and said it would continue to evaluate options for the part of the business it still owned, including a minority initial public offering. The end... 