Ferrovial is considering offloading its 25% stake in Heathrow after a chaotic summer at the airport. The Madrid-based infrastructure conglomerate has held talks with bankers to explore a sale, with Paris-based private equity firm Ardian and Saudi Arabia’s Public...
SoftBank is accelerating asset sales after its flagship Vision Fund unit booked nearly $50bn in losses in just six months, but Chief Executive Masayoshi Son faces narrowing options and slumping valuations, analysts said. Son said on Monday that he is in discussions to...
Several high-flying startups are being brought down to earth, as a recent carnage in global equity markets and lackluster demand for new listings force companies to raise funds at a substantial discount to their sky-high valuations. Easy money from venture capital...
Private equity firm Advent International has acquired 65% of Neoris, a digital transformation and IT consulting firm that supports SAP on Microsoft Azure. The majority stake seller was CEMEX — which will retain a 35% stake in Neoris. The deal’s valuation was not...
Eurazeo is announcing a sale of Trader Interactive, valued at $1.9bn corresponding to 25,0x CY 2021 Adjusted EBITDA. With this operation, Eurazeo and its affiliates show a return on a realized basis of 3.1x their original investment. The sale of the 51% stake... 