U.S. private equity firm Advent International said it had won approval from European Union, U.S. and Finnish regulators for its $5 billion acquisition of British defense company Cobham, as it continues to wait for U.K. approval. Britain has intervened in the deal on...
Survey found that turnover for CFOs at private equity-backed businesses was high If you’re a finance director at a company being acquired by private equity, beware. Traditional chief financial officers will be replaced by their tech-savvy, visionary and...
The private equity industry enjoyed a strong 2018, with a healthy level of deal activity and robust inflows of capital. However, change may be on the horizon. Economists have severely downgraded their growth forecasts, global trade has lost momentum, and concerns...
Its economy is contracting and the nation’s largest lenders are a mess. And yet, banks from BNP Paribas SA to JPMorgan Chase & Co. are scrambling to win business from Germany’s ultra-wealthy. Deutsche Bank AG, Goldman Sachs Group Inc. and Rothschild & Co. are also...
A Singapore-based private equity (PE) fund has become the first in the world to secure financing for PEs that is tied to sustainability improvement, reflecting the rising interest from the financing sector in factoring in environmental, social and governance (ESG) in... 