by Sebastian | Jun 1, 2022 | News
Rimac Group has raised €500m from investors, including SoftBank Vision Fund 2, the private equity business within Goldman Sachs Asset Management, as well as Porsche and InvestIndustrial, which are existing Rimac shareholders. Rimac Group’s value is now estimated at...
by Sebastian | Jun 1, 2022 | News
Insurers are expecting the reappearance over the next few years of two infamous villains, inflation and recession, according to Goldman Sachs’ annual global insurance survey. Inflation was a clear leader in the top concerns race with 28% of insurance companies...
by Sebastian | Jun 1, 2022 | News
Roper Technologies Inc said on Wednesday it would sell a majority stake in its industrial business to private equity firm Clayton Dubilier & Rice LLC for $2.6bn as it seeks to focus on its software business. The industrial solutions and software firm will keep a...
by Sebastian | Jun 1, 2022 | News
Private equity firm Pamplona is turning to US investment companies to help cut ties with Russian oligarch backers. Pamplona Capital Management has sought help from American financial services and investment firm Jefferies to help distance itself from Russian oligarch...
by Sebastian | Jun 1, 2022 | News
Specialty chemicals group Lanxess and private equity firm Advent International have agreed to buy DSM’s Engineering Materials business (DEM) for around €3.7bn. DEM is a supplier in high-performance specialty materials that address key market needs in electronics,...
