Ledger Holdings, the New York-based parent company of bitcoin options exchange LedgerX, said on Monday it closed $11.4 million in funding led by Miami International Holdings Inc and China's Huiyin Blockchain Venture Investments.
2 min read · 23 May 2017
Private equity firm TPG Global LLC said on Monday it would buy Wave Broadband for $2.37 billion in a deal that creates the sixth largest U.S. cable operator at a time when demand for high-speed internet service is growing rapidly.
2 min read · 23 May 2017
Buyout group EQT has emerged as the leading bidder for a stake in Germany's Ottobock, the world's largest maker of artificial limbs, as talks with rival investor CVC continue, Reuters reported.
2 min read · 23 May 2017
Private equity firm Bain Capital LP said on Tuesday it had raised $720 million for its first investment fund focused exclusively on the life sciences sector, Reuters reported.
2 min read · 23 May 2017
A Temasek-backed Chinese genomics firm has kicked off its latest fundraising round with a target of up to $200 million, drawing interest from investors including Hillhouse Capital Group and Sequoia Capital China, sources told Reuters
2 min read · 22 May 2017
U.S. private equity firm Carlyle Group is suing a group of its insurers over $400 million worth of oil it claims it lost when Morocco's sole refinery went bankrupt two years ago, court documents show, Reuters reported.
3 min read · 22 May 2017
The world's largest private equity fund, backed by Japan's Softbank Group and Saudi Arabia's main sovereign wealth fund, said on Saturday it had raised over $93 billion to invest in technology sectors such as artificial intelligence and robotics, Reuters reported.
2 min read · 22 May 2017
U.S. private equity firm Sun Capital Partners has appointed Morgan Stanley (MS.N) to sell Aclara Technologies, a provider of smart meters to almost 800 utility customers, sources told Reuters.
2 min read · 19 May 2017
The private equity groups behind a hostile bid for British challenger bank Shawbrook Group (SHAW.L) said on Friday they had backing from investors holding 45.1 percent of its shares, and were extending the offer period.
1 min read · 19 May 2017
Noble Energy Inc (NBL.N) said it would sell its 50 percent stake in privately-held Cone Gathering LLC to Quantum Energy Partners for $765 million in cash, as the U.S. oil and gas producer looks to shift its focus to low-cost drilling in oil-rich basins.
1 min read · 19 May 2017