LVMH, the French owner of Louis Vuitton and Givenchy, offered to buy jeweler Tiffany & Co. for about $14.5 billion in a deal that would expand its access to U.S. luxury shoppers, people familiar with the situation said. The group approached New York-based Tiffany with...
It’s the year of the warehouse mega-deal, and the two largest players are running away from the pack. Blackstone Group Inc. and real estate investment trust Prologis Inc. are locked in an Amazon-fueled acquisition battle, gobbling up U.S. warehouse space in a bid to...
Goldman Sachs Group Inc. led a group of financiers investing $30 million in a digital Kenyan fresh-foods distributor that will use the money to expand. Twiga Foods Ltd. raised $23.8 million in equity funding from the New York-based lender, as well as existing...
Private equity firm KKR has added Deutsche Bank and KKR Capital Markets as additional global coordinators for the planned stock market flotation of German defense supplier Hensoldt, people close to the matter said. The buyout group is working with the two investment...
The chief executive officer of Norway’s sovereign wealth fund, Yngve Slyngstad, is stepping down after spending the past 12 years building a $1.1 trillion behemoth. The 56-year-old said he made the decision after the fund hit 10 trillion kroner last week, 50 years... 