[ad_1] Giants like Apollo, Blackstone and KKR made their names in the business of private equity. But today, the thing that investors seem most excited about is growth in their…
Tag: Private Equity
Biotech Companies Tap Saudi Arabia for Venture Funding
[ad_1] Nov. 10, 2023 6:00 am ET|WSJ Pro Some biotechnology startups are raising capital from Saudi Arabia as U.S. venture funding retreats and Middle East countries seek to boost their…
Fintechs Look to Cost Cuts and Layoffs
[ad_1] PayPal and Block said they would trim their expenses, as high interest rates have put many financial-tech companies in a tight spot. [ad_2] Source link
Big Banks Cook Up New Way to Unload Risk
[ad_1] U.S. banks have found a new way to unload risk as they scramble to adapt to tighter regulations and rising interest rates. JPMorgan Chase, Morgan Stanley, U.S. Bank and…
S.Africa’s Woolworths steps up battle for affluent shoppers with Absolute Pets deal – ET BrandEquity
[ad_1] Woolworths store (file image) South African fashion and food retailer Woolworths will buy a 93.45% stake in pet care retailer Absolute Pets from Sanlam Private Equity and Absolute’s management,…
Allen & Overy spins off risk management business ahead of merger
[ad_1] Magic Circle firm to retain “significant minority stake” in aosphere following deal with private equity firms Inflexion and Endicott Capital Allen & Overy (A&O) is spinning out its risk…
RTX sells cybersecurity, intelligence business unit for $1.3 billion
[ad_1] WASHINGTON — Defense company RTX said it’s selling its cybersecurity business for $1.3 billion to an unnamed buyer. The sale of the Cybersecurity, Intelligence and Services division was disclosed…