Insurers are expecting the reappearance over the next few years of two infamous villains, inflation and recession, according to Goldman Sachs’ annual global insurance survey. Inflation was a clear leader in the top concerns race with 28% of insurance companies...
Roper Technologies Inc said on Wednesday it would sell a majority stake in its industrial business to private equity firm Clayton Dubilier & Rice LLC for $2.6bn as it seeks to focus on its software business. The industrial solutions and software firm will keep a...
Private equity firm Pamplona is turning to US investment companies to help cut ties with Russian oligarch backers. Pamplona Capital Management has sought help from American financial services and investment firm Jefferies to help distance itself from Russian oligarch...
Specialty chemicals group Lanxess and private equity firm Advent International have agreed to buy DSM’s Engineering Materials business (DEM) for around €3.7bn. DEM is a supplier in high-performance specialty materials that address key market needs in electronics,...
AfricInvest has announced the final close of its AfricInvest Fund IV with total commitments of $411m. Launched two years ago with a hard cap of $400m, AfricInvest IV (AF IV) received investment from new and returning institutional investors, development finance...