Uber, a ride solutions provider, is aggressively pushing for more drivers on the road that it had struck a deal with car manufacturers and auto finance firms to provide Uber drivers which better rates to own a vehicle.
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New private equity firms edges KKR, Blackstone and Bain Capital as investors' favorites - report
A shift in demand from big firms like KKR, Blackstone and Bain Capital to midsize firms like HIG Capital, Sentinel Capital and KPS Capital in investors was seen in a recent survey conducted by Preqin.
Split of Time Warner Cable Inc may consolidate industry, circumvent regulatory challenges- report
A joint bid that would later split up Time Warner Cable between Comcast Corp and Charter Communications Inc may allow the deal to avoid strict scrutiny from antitrust regulators and the Federal Communications Commission.
Chemring Group says it will sell some of its units
Chemring Group, a UK based firm that caters to the ordinance disposal, pyrotechnics, countermeasures and munitions markets, said it will be divesting some of its business units.
Former Blackstone analyst explains why venture capitalists exist
In his interview with The Cornell Daily Sun, former analyst of private equity firm Blackstone and incoming associate of venture capital firm New Enterprise Associates Andrew Schoen explained why venture capitalists exist.
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PSA Peugeot Citroen Chief Executive Officer Philippe Varin reportedly wants to tap the former chief operating officer of Renault SA to replace him as he steps down next year.
A Pensions & Investments report said investors now prefer small and midmarket private equity firms like HIG Capital, Sentinel and KPS than large buyout firms.
The Japanese government is set to launch the Cool Japan Fund which aims to use USD1 billion of public funds to boost the exports of certain foods, drinks, fashion, animated movies, and other products.
Blackstone Group, the second biggest realty firm in India, may soon replace DLF as the top real estate developer with its series of acquisitions in the country.
A consortium of venture capitalists had helped Editas Medicine raised USD43 million in Series A financing to create medicine designed to eradicate gene abnormalities.
Online music platform company 7Digital is close to signing a deal to buy out UBC Media Group. The takeover deal will provide a London listing for 7Digital in place of UBC. Should it be successful, the float could give 7Digital a valuation of about GBP50 million.
A Bloomberg report said the move to get former CBS anchor Katie Couric to join the team at Yahoo! Inc was an accelerated effort of Chief Executive Officer Marissa Mayer's efforts to reinvigorate the tech giant's business.
British discount chain Poundland is preparing for a London listing that could give it a valuation of up to GBP800 million. US-based private equity firm Warburg Pincus, which controls Poundland, is looking to raise GBP200 million to GBP300 million in the initial public offering.
The Malaysian consortium made up of Sime Darby Property, SP Setia Bhd and the Employees Provident Fund, have secured GBP790 million in syndicated funding to acquire the Battersea Power Station in the United Kingdom.
