Apollo closing in on $11bn Intel credit deal

Apollo closing in on $11bn Intel credit deal

Apollo Global Management is in advanced discussions with Intel over a deal to provide more than $11bn in capital to finance the chip manufacturer’s construction of a new plant in Ireland, according to a report by the Wall Street Journal. The report cites unnamed...
Blackstone completes Civica acquisition

Blackstone completes Civica acquisition

Funds managed by affiliates of Blackstone, the world’s largest alternative asset manager, have acquired Civica, a public sector software solutions provider, from private markets firm Partners Group, acting on behalf of clients. The transaction has completed after...
Peloton shares surge as news of PE buyout interest breaks

Peloton shares surge as news of PE buyout interest breaks

Shares in Peloton soared by as much as 18% on Tuesday after CNBC reported that several private equity firms are considering a buyout of the connected fitness company, which is looking to refinance its debt and return to growth after 13 consecutive quarters of losses....