Telefonica SA and Liberty Global Plc have agreed to create the U.K.’s largest phone and internet operator, a deal that threatens its rivals and marks another industry-defining merger for billionaire John Malone. The deal values the new company at 31 billion pounds...
Bain Capital LP is preparing to hand its controlling stake in call center firm Atento SA to creditors after a share-price collapse shrunk the company’s value to less than a fifth the size of a loan secured against the private equity investor’s stake. The U.S. private...
Sun Life Financial Inc. Chief Executive Officer Dean Connor expects that more takeover opportunities may arise because of the coronavirus pandemic — and the Canadian insurer is ready to act. “We continue to be interested in acquisition candidates across all of...
Silicon Valley private equity firm Silver Lake has agreed to invest Rs56.6bn ($750m) in Reliance Jio, less than two weeks after Facebook took a $5.7bn stake in Mukesh Ambani’s fast-growing Indian digital services company. Jio, backed by Mr Ambani’s oil-to-retail...
Adam Neumann, a co-founder of WeWork, sued SoftBank on Monday, accusing it of breaching a contract by withdrawing an offer to buy up to $3 billion in WeWork stock from Mr. Neumann and other shareholders. SoftBank, a Japanese conglomerate that has invested in many... 