Digital payments processor Stripe Inc is close to raising $4bn in fresh capital at a valuation of about $55 billion, people familiar with the matter said. The latest capital raise from investors including Thrive Capital could be the largest private funding round in...
Bain Capital is expecting a recovery in China’s $539bn private equity market as early as this year, though the industry may struggle in reaching past levels of deal activity. The market will benefit from a number of tailwinds, including the nation’s end of Covid Zero...
Mutares SE & Co. KGaA has announced that it has successfully completed the acquisition of 50% equity and a controlling stake of 80% in Peugeot Motorcycles from Mahindra & Mahindra. Mahindra & Mahindra will remain a co-shareholder to support the brand in...
A $3.9bn purchase bid from buyout company Blackstone has been rejected by Cvent, a US software supplier that supports in-person and virtual meetings, Reuters has reported quoting individuals with knowledge of the situation. Blackstone withdrew from the talks when...
Abrdn is reportedly in talks with Spanish banking group Santander over a sale of its private equity unit. The FTSE-100 asset management heavyweight has received interest from ‘a small number of buyers’, according to Sky News. The unit is being valued at around £250m... 