Xerox in $33 billion bid for HP

U.S. printer maker Xerox Holdings Corp has made a roughly $33 billion cash-and-stock offer for personal computer maker HP Inc, a company more than three times its size, people familiar with the matter said on Wednesday. HP confirmed the bid, but declined to disclose...

Private equity firms step up plans to recruit ESG specialists

In addition to recruiting more ESG-dedicated staff, buyout groups are also drafting plans to increase diversity Private equity firms are planning a hiring spree to increase the number of dedicated responsible investment professionals they employ, as pressure to...

MBK plans to raise $6 billion buyout fund for North Asian deals

North Asia-focused private-equity firm MBK Partners is targeting as much as $6 billion for its fifth buyout fund, said two people with direct knowledge of the matter, adding to a list of buyout firms chasing capital for investing in the region. The firm, set up in...

Walgreens Boots Is Exploring a Potential Take-Private Deal

Walgreens Boots Alliance Inc., led by Chief Executive Officer Stefano Pessina, has been reviewing a potential deal to take the company private in what could become the largest leveraged buyout in history, people familiar with the matter said. The company has recently...

Stryker boosts bone implants with $4 billion Wright Medical buyout

Medical device maker Stryker Corp said on Monday it would buy smaller rival Wright Medical Group for about $4 billion in cash, expanding into the fast-growing business of implants for shoulders and wrists. Latest in a series of consolidations in the medical device...