BlackRock’s Fink puts private equity on the front burner

BlackRock’s Fink puts private equity on the front burner

BlackRock executives, including CEO Larry Fink leaned hard into the notion of increased exposure to illiquid investments for diversification and enhanced returns. “The drive toward more illiquid investments in equity and debt have exploded because we’ve seen so many...
PwC to sell mobility unit to CD&R for $2.2bn

PwC to sell mobility unit to CD&R for $2.2bn

PwC has struck a deal to sell its mobility services division to US private equity firm Clayton, Dubilier & Rice (CD&R) for $2.2bn. The sale of the unit, which advises more than 3000 organisations on tax and immigration issues when they move staff abroad, is...
Symbotic in $4.5bn talks to merge with SoftBank SPAC

Symbotic in $4.5bn talks to merge with SoftBank SPAC

A robotics and automation company backed by Walmart, the world’s biggest store-based retailer, is in talks to merge with a “blank cheque” company set up by the Japanese technology giant SoftBank. Sky News has learnt that Symbotic, which is run by...