Epic Games Inc., the Fortnite videogame maker and owner of the Houseparty app that has exploded in popularity during the pandemic, has held talks to raise a new round of funding valuing it above its last valuation of $15 billion, according to people familiar with the...
For banks sitting on a pile of high-risk debt they’ve been unable to sell, the full return of Europe’s junk debt market cannot come too soon. Amid the upbeat mood that prevailed before the coronavirus struck Europe, banks agreed to provide nearly $13 billion of bonds...
Carlyle Group Inc. has kicked off its search for a new senior manager in India, where the private equity firm has invested about $2.5 billion, according to people familiar with the matter. The buyout firm is working with headhunting company Egon Zehnder to look for a...
The dearth of mega deals comes as countries across the world have shut down large swathes of their economies as they battle the COVID-19 pandemic that has infected over 2.33 million people and claimed 165,000 lives. Worldwide merger activity so far this year is down...
Expedia Group Inc. is in advanced talks to sell a stake to private-equity firms Silver Lake and Apollo Global Management Inc. APO, +2.70% after the widespread travel bans caused by the coronavirus pandemic ravaged the online-booking company’s business.... 