New York, US-based firm Apollo Global Management LLC announced on Thursday that it had raised $17.5 billion for the Apollo Investment Fund VIII, the largest private equity fund raised since the financial crisis.
Sectors
Santander Consumer eyes $8.4B valuation in IPO
Santander Consumer USA Holdings is seeking a valuation of as much as $8.4 billion in its initial public offering. The auto loan company owned by Spain's Banco Santander as well as private equity firms expects to raise $1.56 billion in the listing.
New Jersey business analytics firm Axtria bags $4.8M in funding
New Jersey, US-based business analytics firm raised $4.8 million in a funding round from Richard Braddock and Amarpreet Sawhney to create tools that help companies understand their customers.
Addison Capital's Gowanda Holdings purchases TTE Inc
Addison Capital portfolio company Gowanda Holdings said it had bought Los Angeles, California RF and microwave filters designer and maker TTE Inc for an undisclosed amount.
EQT plans London listing of food outlet operator SSP
Stockholm-based private equity firm EQT Partners intends to list British food outlet operator SSP on the London Stock Exchange in June this year. The food outlet operator could be worth £2 billion ($3.3 billion).
Latest News
Healogics Inc.,owned by private equity firm Metalmark Capital, is reportedly considering a sale that could value the wound care services provider at $1 billion. Goldman Sachs Group has been tapped to find a buyer.
Former Citigroup Inc head Sanford "Sandy" Weill was appointed as the Chairman of the Board of the reinsurance company Hamilton Insurance Group Ltd, Bloomberg reported.
Canada-based dairy firm Saputo Inc has again increased its stake in its takeover target, Australia-based dairy supplier Warrnambool Cheese and Butter Factory Ltd, from 20.141% yesterday to 21.392%.
Utah-based online retailer Overstock.com struck a partnership with California-based bitcoin wallet Coinbase in a deal that made it the biggest online seller to embrace bitcoins as payment.
NSP Semiconductor Chief Executive Officer Richard Clemmer told Bloomberg that he is thinking of making as much as $1.5 billion in acquisitions of semiconductor companies that complement its core operations.
Schaft Inc Co-Founder Takashi Kato has launched 246 Capital, a fund that seeks to invest in technologies by Japanese startups and universities not noticed by investors, Bloomberg reported.
San Francisco, US-based social coding firm GitHub purchased web design startup Easel for an undisclosed amount, according to a blog published by GitHub earlier today.
England-based rigid plastic packaging products supplier RPC Group PLC has added Bosnia and Herzegovina-based injection molder Helioplast d.o.o. in a deal valued at £8.4 million ($13 million).
Tencent Holdings Ltd, the biggest Internet firm in Asia, invested an unconfirmed amount in China-based cab booking app Didi Taxi to promote its payment service to mobile web users.
