Aster DM Healthcare to sell Gulf business to Alpha GCC for $1.01bn. Alpha GCC will be owned by the promoter group of Aster India and funds managed by Middle East private equity firm Fajr Capital Advisors. The move is part of its plan to separate its operations in...
Bain Capital-backed Rocket Software, Inc. (“Rocket Software”), a global technology leader driving modernization for the world’s largest companies, today announced it has signed a definitive agreement to acquire the Application Modernization and Connectivity business...
Temperature-controlled storage and logistics provider Lineage Logistics has been reported to be pursuing a more than $30bn initial public offering for next year. Backed by private equity firm Bay Grove, Novi, Michigan-based Lineage is the largest cold storage real...
Saudi Arabia’s Public Investment Fund will buy a 10% stake in London Heathrow Airport as part of a shareholder reshuffle, becoming a partial owner in one of Europe’s busiest airports alongside the Qatar Investment Authority. The fund is buying the stake as Spain’s...
Charlie Munger, the longtime vice chairman and second-in-command to Warren Buffett at Berkshire Hathaway, died on Tuesday morning at a California hospital. Munger was 99, and would have turned 100 on Jan. 1. He died peacefully, Berkshire said. No cause was given....