The US asset manager will sell a 71.25% stake in drug wholesaler Geo-Young, the corporate value of which is around $1.4 billion. Private equity giant Blackstone Inc. is set to mark its first exit from South Korea by selling a 71.25% stake in the holding firm of...
CVC Capital Partners is targeting a market capitalisation as high as 15 billion euros ($16 billion) in its initial public offering (IPO), the private equity group said on Monday. The company is offering shares at a price range of 13 to 15 euros, with trading on...
Private equity firm Thoma Bravo agreed to buy Britain’s Darktrace for about $5.32 billion in cash on Friday, saying it would use its software expertise to drive growth at the Mike Lynch-backed cybersecurity specialist. The agreed price of $7.75, or around 620...
Alternative asset management major Apollo Global Management has raised $35bn from Asian investors since implementing a plan to revamp its business in the region at the beginning of 2022. Under the leadership Matthew Michelini, the man tasked with reshaping Apollo’s...
Apollo Global Management has agreed to help finance the acquisition of British song investor Hipgnosis Songs Fund for $1.4bn by Nashville-based music company Concord, through the provision of debt and a minority indirect equity interest in the deal. Under the proposed... 