By Tracy Alloway
In an internal note to employees, Arif Naqvi said he had no knowledge of intentional wrongdoing at the buyout firm.
Guggenheim Partners Investment Management has been in talks with global insurers, sovereign wealth funds and investment pools in Europe, the Middle East and Asia.
Walmart Inc. sold $16 billion of bonds to help finance its investment in India’s biggest online seller, in the second-largest U.S. corporate debt sale of the year. The retailer offered fixed- and floating-rate notes in nine parts. The longest bond, a 30-year security, yields 1.05 percentage points above Treasuries, less… Read more »
Taiyo is in the frame to bag the European package, while Carlyle would take the U.S. assets.
The transaction, part of restructuring and provisional liquidation, is expected to complete by July 1. Abraaj has been roiled in allegations over misused funds since early this year.
Thai conglomerate PTT’s petrochemical arm PTT Global Chemical has formed a joint venture with Kuraray Co and Sumitomo Corp
As Deutsche Bank AG sheds thousands of jobs worldwide, there’s at least one place where it’s still been hiring.
This is more than Carlyle’s initial target of $5 billion and is 65% bigger than its previous Asia buyout fund
Acuris is majority owned by BC Partners who in June 2017 announced the sale of a 30% stake to GIC.
Son says he spent 97% of his time on managing the telecoms business and only 3% on investing.