Centerbridge weighs $3bn sale of cloud IT firm Ahead

Centerbridge weighs $3bn sale of cloud IT firm Ahead

Private equity firm Centerbridge Partners is preparing a sale of Ahead Inc in a deal that could value the enterprise cloud solutions provider at more than $3bn including debt, according to people familiar with the matter. Centerbridge has interviewed banks to hire a...
U.S. Oil Mergers Drop to $12bn as Volatility Limits Deals

U.S. Oil Mergers Drop to $12bn as Volatility Limits Deals

U.S. oil and gas dealmaking fell to $12bn last quarter, down from the first quarter and nearly a third of the $34.8bn in the same period a year ago, as commodity price volatility left buyers and sellers clashing over asset values, according to data released by energy...