Dissecting a dead-cat indicator
Three-way transaction will hand fintech FIS control of Global Payments’ issuer solutions arm
Seven-year timeline set over which private equity group could buy 80% stake in unit
The best returns for buyers happen when bidding wars are scarce and sellers are desperate to lock in cash proceeds
Plan would reduce stake of Abu Dhabi-based IMI to overcome objections of British government on grounds of foreign control
Buyout executives say economic uncertainty unleashed by US tariffs has made pricing assets challenging
Mid-tier firm MHA floats on London’s Aim as shake-up of sector gathers steam
Plus, private equity group CVC scouts out private credit group and Intel sells off a stake in its chips unit
Slowdown in high-yield bond market issuance threatens a tentative rebound in dealmaking
Sale is part of plan by company to divest non-core assets
Acquisition will expand group’s motor and home insurance business
CIA veteran to help spearhead private equity group’s expansion in oil-rich region
Rethink comes as tariffs and talk of territorial expansion stoke market instability and geopolitical tension
Pursuit of firm founded by Lawrence Golub underscore sector’s deepening consolidation and shift towards credit
For most 20-year outcomes, equities will certainly beat boring bonds, but there are many where they will lose
Plus, Byju’s creditors go after the fallen edtech founders in US court and the chair of UBS scorns Switzerland’s proposed capital rules
Investors with cash during a crisis can benefit, but PE-owned companies tend to have a lot of debt
Does PE firm KKR’s model add up to real reform or a one-off windfall? Read the article and consider the questions raised
Deal brings in Abu Dhabi Investment Authority and Canada Pension Plan Investment Board as investors
US private equity group beats rival bid from PAI Partners for Stockholm-based healthcare company
Assura rejects rival offer that would have kept it in the public markets
Plus, Phillips 66 fights back against activist investor Elliott and how trading desks will save banks’ revenues
Sale of US healthcare software company grants two-fold return on investment
US private equity group beats other bidders in competitive auction process
Government proposes lighter regulatory regime in push to encourage investment
