by Sebastian | Aug 3, 2022 | News
Forbes, the chronicler of the wealthy and powerful, announced on Tuesday that it was exploring a sale of its business after a previous deal to go public fell through. In recent weeks, an offering document describing Forbes’s financials compiled by Citigroup has been...
by Sebastian | Aug 3, 2022 | News
Authentication software firm Ping Identity said on Wednesday Thoma Bravo would take it private for $2.4bn, joining the firms in the cybersecurity space acquired by the buyout firm after the pandemic drove up demand for the sector. Shares of Ping Identity, which offers...
by Sebastian | Aug 3, 2022 | News
Oman’s Private equity infrastructure fund Rakiza has announced the receival of a capital commitment fund worth $300m from Saudi Arabia’s Public Investment Fund. Rakiza is co-managed by Oman Infrastructure Investment Management and Equitix, and focuses on the...
by Sebastian | Aug 3, 2022 | News
Rolls-Royce said on Wednesday it had secured the final regulatory clearance for the sale of ITP Aero to investors led by Bain Capital, with the completion of the $1.8bn deal expected in the coming weeks. The approval, from the Spanish government, means Rolls has...
by Sebastian | Aug 2, 2022 | News
KKR is to sell Minnesota Rubber and Plastics, a leading provider of materials science-based elastomer and thermoplastic solutions, to Trelleborg Group, a leader in engineered polymer solutions, in a transaction valued at approximately $950m. Since KKR’s acquisition in...
