Decision by Apollo, Blackstone and others to switch from partnership to corporation status pays off The shares of America’s biggest private equity firms have soared, swelling the fortunes of moguls such as Leon Black and providing them with firepower for deals after...
Renewable power producer Pattern Energy Group Inc said on Monday it agreed to be taken private by the Canada Pension Plan Investment Board (CPPIB) for $2.63 billion. Shareholders of Pattern Energy, which owns wind and solar projects in North America and Japan, will...
Saudi Arabia is pulling out all the stops to ensure the success of Aramco’s initial public offering after Crown Prince Mohammed bin Salman finally decided to offer shares in the world’s largest oil producer. The kingdom cut taxes on the company for a third time,...
As the scion of the Agnelli family’s industrial dynasty, John Elkann honed his management skills under Sergio Marchionne, who brought Fiat back from the brink before turning it into a global force with the purchase of Chrysler. When Marchionne died suddenly last year,...
Senator Bernie Sanders showed his allegiance to workers rights extends to journalists with a tweet expressing support for reporters and editors who resigned from the news outlet Deadspin this week. Deadspin is a property of G/O Media, which is owned by private equity... 