Blackstone, which has $100 billion in private equity assets under management, has acquired a majority stake in cloud computing business Cloudreach for an undisclosed sum, Reuters reported.
1 min read · 16 February 2017
Verizon Communications Inc (VZ.N) is close to a revised deal to buy Yahoo Inc's (YHOO.O) core internet business for $250 million to $350 million less than the original agreed price of $4.83 billion, Reuters reported.
2 min read · 16 February 2017
Snap Inc, the owner of the popular messaging app Snapchat, has set a valuation range for itself of $19.5 billion to $22.2 billion in its initial public offering, the Wall Street Journal reported, citing sources.
1 min read · 16 February 2017
A consortium of Hong Kong-based private equity fund Gaw Capital Partners and individuals including Pony Ma, founder of China's Tencent Holdings Ltd, is looking to buy the Four Seasons Resort in Bora Bora, French Polynesia, Basis Point reported on Wednesday.
2 min read · 15 February 2017
The buyout firm that owns Chuck E. Cheese has hired investment banks to help it prepare for either a sale or initial public offering (IPO), Reuters reported.
2 min read · 15 February 2017
Japan's SoftBank Group Corp on Wednesday said it has agreed to buy Fortress Investment Group LLC for about $3.3 billion, looking to add investment expertise as it prepares to launch the world's largest private equity fund.
2 min read · 15 February 2017
1 min read · 14 February 2017
Premium Point Investments LP is under investigation by the U.S. Securities and Exchange Commission, according to a letter sent to clients of the New York-based investment firm.
1 min read · 14 February 2017
1 min read · 14 February 2017
Israeli institutional investors are placing billions of dollars in foreign private equity funds after government reforms to encourage household savings brought an influx of cash, Reuters reported.
3 min read · 14 February 2017
