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Latest News on private equity markets

Intel files antitrust case against SoftBank-backed firm over patent practices

Chipmaker Intel Corp has filed an antitrust lawsuit against a SoftBank Group Corp-owned investment company alleging the firm stockpiled patents to hold up technology companies with numerous lawsuits.



5 years ago

U.S. business borrowing for equipment rises 18% in September: ELFA

U.S. companies' borrowing to spend on capital investments rose 18% in September from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Tuesday.



5 years ago

Air New Zealand to start non-stop Auckland to New York route in 2020

Air New Zealand Ltd said on Wednesday it will launch a non-stop flight service between Auckland and New York in October 2020, in a bid to take advantage of strong visitor growth from North America.



5 years ago

Boeing replaces top commercial airplanes executive

Boeing's top commercial airplanes executive Kevin McAllister is leaving the company as the planemaker continues to grapple with the fallout from two fatal crashes of its 737 MAX, the company said on Tuesday.



5 years ago

Mixed earnings, failed Brexit vote push down S&P 500

The benchmark S&P 500 index gave up modest gains on Tuesday from earlier in the session after British lawmakers rejected the government's proposed timetable for passing legislation to ratify its deal to exit the European Union.



5 years ago

NEO and Silver Maple Ventures Inc. Introduce DealSquare to Disrupt Canadian Private Markets for the Better

DealSquare | Peter-Paul Van Hoeken | Oct 22, 2019 Launch of Canada’s first B2B centralized digital platform for private placements Toronto, October 22, 2019 – NEO is pleased to introduce DealSquare, Canada’s first centralized platform to simplify private placements in Canada, by digitally connecting capital raisers to dealers and their investment advisor networks. DealSquare is

5 years ago

Exclusive: Blackstone, CVC seek to take Paysafe public - sources

Private equity firms Blackstone Group Inc and CVC Capital Partners Ltd are seeking to hire underwriters for an initial public offering (IPO) of Paysafe Group Ltd that could value the payments processing firm at more than $10 billion, including debt, according to people familiar with the matter.



5 years ago

Bank of Canada rate cut bets sink as investors eye post-election spending

Investors are ditching bets that the Bank of Canada will cut interest rates over the coming months as the domestic economy shows resilience and the federal election result adds to prospects of growth-boosting fiscal spending next year.



5 years ago

Pound, stocks slip as lawmakers reject Brexit law timetable

The pound weakened and stocks on world markets declined on Tuesday after British lawmakers rejected the government's proposed timetable for passing legislation to ratify its deal to exit the European Union.



5 years ago

Boeing replaces senior executive as 737 MAX crisis grows

Boeing's top commercial airplanes executive, Kevin McAllister, is leaving the company as the planemaker grapples with the fallout from two fatal crashes of its 737 MAX, the company said on Tuesday.



5 years ago

SoftBank clinches deal to take over WeWork: sources

SoftBank Group Corp has agreed to spend more than $10 billion to take over WeWork, doubling down on an ill-fated investment and paying off its co-founder Adam Neumann to relinquish control, people familiar with the matter said on Tuesday.



5 years ago

U.S. Defense chief won't review $10 billion cloud computing deal due to conflict of interest

U.S. Defense Secretary Mark Esper has removed himself from reviewing a disputed $10 billion cloud computing contract because of a possible conflict of interest, the Pentagon said on Tuesday.



5 years ago

Nike CEO Mark Parker to step down, John Donahoe to take over

Nike Inc's long-time chief executive officer, Mark Parker, will step down next year and be replaced by John Donahoe, the CEO of cloud computing firm ServiceNow Inc , the footwear and apparel maker said on Tuesday.



5 years ago

Johnson & Johnson CEO testified Baby Powder was safe 13 days before FDA bombshell

Facing off against a plaintiff’s lawyer for the first time about Johnson & Johnson’s Baby Powder, the company’s Chief Executive Alex Gorsky earlier this month insisted that the company’s iconic brand was safe.



5 years ago

Cramer says Biogen's Alzheimer's treatment could be 'the biggest drug ever' as shares soar nearly 30%

Drugmaker Biogen announced it is seeking regulatory approval for its Alzheimer's drug, months after it stopped testing the treatment.

5 years ago