Blackstone to sell stake in Sona Comstar for $640m

Blackstone to sell stake in Sona Comstar for $640m

Blackstone, the world’s largest alternative asset manager, is selling its remaining stake in Sona BLW Precision Forgings for $640m, two people aware of the deal said. The sale of shares through block deals is expected to close on Monday. Investment bank JM Financial...
“World’s largest” ocean health fund secures €170m

“World’s largest” ocean health fund secures €170m

Swen Capital Partners has raised €50m more than expected for its Blue Ocean Fund and declared the fund the world’s largest venture capital vehicle investing in ocean regeneration. Swen said it had raised €170 million, outstripping the original €120 million...