by Sebastian | Mar 22, 2022 | News
SoftBank Group Corp’s Vision Fund exited its bet on General Motors self-driving car subsidiary Cruise as the auto giant upped the ante, investing another $3.45bn in the loss-making unit. SoftBank’s departure, which comes as the Japanese conglomerate...
by Sebastian | Mar 22, 2022 | News
Prologis, the world’s biggest warehouse owner, has launched a bid to buy Blackstone’s portfolio of logistics properties in what would be the largest ever private real estate deal, the Financial Times reported on Monday. Prologis has made a non-binding offer of a...
by Sebastian | Mar 22, 2022 | News
Europe’s biggest private equity firm CVC Capital Partners is planning to shun London and take its multibillion-euro initial public offering (IPO) to the Netherlands. The buyout firm has told potential investors it is aiming to list on Amsterdam’s Euronext...
by Sebastian | Mar 22, 2022 | News
U.S. private equity giant Thoma Bravo has bought British enterprise software firm Anaplan for $10.7bn. The deal, announced Monday, will see Thoma Bravo pay $66 per share in an all-cash transaction. Anaplan was founded in 2006 in a barn in Yorkshire, England, by Guy...
by Sebastian | Mar 22, 2022 | News
Brookfield Asset Management’s investment vehicle said on Friday it would buy asset manager La Trobe Financial in a $1.1bn deal, as the Canadian alternative asset manager looks to expand into Australia. Brookfield Business Partners will initially pay $756m in equity...