Pasta maker Canuti Tradizione Italiana has been acquired by US private-equity firm The Riverside Company. Canuti, which supplies filled and non-filled frozen pasta varieties mainly to the foodservice channel, has been bought by the New York City-based investor from...
Blackstone will limit investor withdrawals from its $125bn real estate investment fund following a spike in redemption requests, according to the New York-based firm, following an announcement that it will sell its stake in two Las Vegas properties. Only 0.3% of the...
Blackstone will sell its 49.9% stake in the joint venture that owns the MGM Grand Las Vegas and Mandalay Bay resorts to co-owner VICI Properties Inc for about $1.27bn in cash, the companies said on Thursday. The deal includes the assumption of Blackstone Real Estate...
Palladium Equity Partners has invested in specialist Californian communications firm Southwest Strategies. The company says it has helped secure and build more than $20bn of infrastructure projects in the state since it was founded in 2000. Southwest’s clients include...
Macroeconomic turbulence and big declines in public market indexes since the start of 2022 are complicating private equity firms’ year-end process of placing valuations on portfolio companies, said Craig Ter Boss, a partner in accounting firm EisnerAmper’s... 