U.S.-Israeli cybersecurity management firm Skybox Security said on Wednesday it signed an agreement to receive a $150 million investment led by CVC Capital Partners’ Growth Fund.
1 min read · 25 October 2017
British start-up Echo said on Wednesday it had raised 7 million pounds ($9.2 million) in a funding round led by White Star Capital to expand use of its app that helps people manage their medicine to treat conditions like asthma.
1 min read · 25 October 2017
Carlyle Group LP (CG.O) said on Wednesday that Glenn Youngkin and Kewsong Lee would become its co-chief executives, in the U.S. private equity firm’s biggest shakeup since it was founded by David Rubenstein, William Conway and Daniel D‘Aniello 30 years ago, Reuters reported.
3 min read · 25 October 2017
At least three bidders are expected to be shortlisted for the second round of an auction for Unilever’s (ULVR.L) (UNc.AS) margarine and spreads business while two other private equity groups are no longer in the fray, sources told Reuters.
2 min read · 25 October 2017
U.S. private equity group Cerberus Capital Management has approached Alitalia with an offer that would allow the carrier to remain independent, the Financial Times reported on Wednesday, citing sources.
2 min read · 25 October 2017
Apple, which recently said it was including wireless charging in its latest iPhone X and iPhone 8 smartphones, has acquired New Zealand firm PowerbyProxi that designs wireless power products for consumers and industry, Reuters reported.
2 min read · 25 October 2017
Goldman Sachs Group Inc is ramping up its private-equity investments and going after smaller, high-growth targets as part of a broad plan to offset recent trading declines, three people familiar with the effort told Reuters.
3 min read · 25 October 2017
At least three bidders are expected to be shortlisted for the second round of an auction for Unilever’s (ULVR.L) (UNc.AS) margarine and spreads business while two other private equity groups are no longer in the fray, sources told Reuters.
2 min read · 24 October 2017
Stakeholders in Austria’s BAWAG (BAWG.VI), the former trade union bank bought by U.S. private equity firm Cerberus Capital Management , have raised 1.9 billion euros in Austria’s biggest ever listing, capping a decade-long turnaround, Reuters reported.
2 min read · 24 October 2017
Medical technology group Smith & Nephew, which some investors believe should streamline operations to make itself a more attractive takeover target, said on Monday it was buying a U.S. sports injury business for up to $210 million.
2 min read · 24 October 2017
