Redbird Capital Partners has reached a final agreement to buy Italy’s AC Milan, the seven-time European football champion once owned by former Prime Minister Silvio Berlusconi, according to people familiar with the matter. Redbird is set to announce the purchase of...
Private equity firm Blackstone Inc. is nearing a deal to buy Advarra Inc. from Genstar Capital in a transaction that would value the drug-research services firm at about $5bn, according to a people with knowledge of the matter. A deal could be announced in the coming...
Acrisure said on Tuesday it had raised $725 million in a fresh funding round led by a wholly owned subsidiary of Abu Dhabi Investment Authority, valuing the insurance brokerage at $23 billion. The company has benefited from a jump in global commercial insurance...
Countryside Properties (CSP) shares have surged 27% in opening trade on talk of a 295p per share offer, which values the British developer at £1.5bn. This offer is set to come from private equity company Inclusive Capital Partners (In-Cap), which has said it is...
Blackstone Inc. is testing a new way to bring in cash from rich Europeans. If it succeeds, the private equity powerhouse stands to draw billions to the fast-growing and risky world of private credit. Regulators last week approved Blackstone’s application to start a...