After investing in Uber, Airbnb, OpenAI, and SpaceX, Leste Group has made Billor its latest bet. It committed a $330m credit facility and acquired a minority stake. The investment will help Billor enhance its technology platform and expand operations as it works...
Blackstone has formed a global distribution partnership with Deutsche Bank to expand access to its evergreen private equity fund, Blackstone Private Equity (BXPE). The agreement, which excludes Germany, enhances Blackstone’s private banking relationships, helping...
The England and Wales Cricket Board entered the final phase of selling 49% stakes in The Hundred’s eight teams, attracting private equity firms and global sports investors. Among the top contenders are CVC Capital Partners, a private equity firm with a strong track...
The founding family of Seven & i is in talks with Thailand’s Charoen Pokphand (CP) Group to secure funding for a management buyout aimed at blocking a $47bn takeover bid from Alimentation Couche-Tard. If completed, the deal—valued at approximately $58bn—would be...
Chrysalis stock climbed more than 6% after key private equity holdings, including Klarna and Starling Bank, received valuation upgrades. The trust reported an 11% increase in the value of its underlying assets, reaching 156p per share in the final quarter of 2024.... 