John Legend Sells Music Catalog to KKR and BMG

John Legend Sells Music Catalog to KKR and BMG

John Legend joined the growing list of superstars cashing in on the boom market for music rights, selling a catalog dating back to his first album to an alliance of KKR & Co. and BMG. The songwriter and performer sold both the copyrights as well as the rights to...
Private Equity Firms Will Bend for a $21bn Grocery Deal

Private Equity Firms Will Bend for a $21bn Grocery Deal

It’s private equity to the rescue. French big-box retailer Auchan couldn’t quite make a good enough offer to buy peer Carrefour SA when it tried a takeover last year. Now buyout firms may be on hand to juice up the bid. Securing a deal would involve the buyers making...