Archive for September 2020
Tiffany sues LVMH over move to walk away from $16 billion deal
Losing Tiffany would be a rare setback for Bernard Renault, who built his empire through a string of acquisitions, amassing…
Read MoreWhat private equity investors need to know about cybersecurity in the pandemic
Hackers are preying on isolated work forces during a time when IT resources are stretched and many staff are furloughed.
Read MoreM&A wrap: GI, General Motors, Nikola, Silver Lake, Apax, Levine Leichtman, IOP, BofA
GI Partners closes first fund to invest in data centers, as the pandemic underlies the importance of data infrastructure. GM…
Read MoreBofA invests $50 Million in black-owned banks in equality drive
The second-largest U.S. lender took stakes in First Independence, Liberty Financial Services and SCCB Financial.
Read MoreGM takes $2 billion stake in Nikola and partners on pickup
GM is increasing its exposure to alternate-fuel vehicles, an area that increasingly has captured the attention of investors.
Read MoreSilver Lake backs edtech startup Byju’s at $11 billion value
There is a robust investor appetite for India’s edtech startups as the country’s pandemic escalates, shutting schools and prompting parents,…
Read MoreVolkswagen unit to resume Navistar takeover push
VW stoked doubts among investors about whether the deal would move ahead after acknowledging that talks were on hold due…
Read MoreKimberly-Clark eyes overseas diaper market in $1.2 Billion deal
The deal for Softex will boost Kimberly-Clark’s limited market share in Indonesia.
Read MoreM&A wrap: AstraZeneca, Sanofi, J&J, GSK, Blackstone, Carlyle, TA, Centerbridge, AEI, Genstar, Alera, Race for Vaccines
Pharmaceutical giants including AstraZeneca, GlaxoSmithKline and J&J race to develop a coronavirus vaccine. Blackstone Group and Global Infrastructure Partners reportedly…
Read MoreBlackstone and GIP make offer for Kansas City Southern
The Kansas City-based target is positioned to benefit if fraying ties between the U.S. and China prompt companies to move…
Read More