KRTL BioTech

Latest News on private equity markets

Tesla electric car catches fire after hitting tow truck in Moscow

A Tesla electric car caught fire after crashing into a tow truck on a Moscow motorway late on Saturday.



5 years ago

Lack of G7, IMF support seen dimming impact of U.S. move on China's yuan

China is unlikely to face serious consequences from the Trump administration's decision to label it a currency manipulator given the apparent lack of G7 and IMF support for the move, former and current U.S. and G7 officials said.



5 years ago

Automakers warm up to friendly hackers at cybersecurity conference

At a conference where hackers can try their hand at picking locks and discover cyber vulnerabilities in a makeshift hospital, they can also endeavor to break into the control units of cars and take over driving functions.



5 years ago

BlackRock poised to become Authentic Brands' largest shareholder: WSJ

BlackRock Inc is taking a stake in Authentic Brands Group LLC in a deal valuing the U.S.-based entertainment company at more than $4 billion including debt, the Wall Street Journal reports on Sunday citing sources.



5 years ago

BlackRock becomes Authentic Brands' largest shareholder with $875 million stake

BlackRock Inc's new private equity fund Long Term Private Capital (LTPC) has completed its maiden investment, taking up an $875 million stake in Authentic Brands Group LLC, making it the largest investor in the U.S.-based entertainment company, the fund said on Sunday.



5 years ago

Goldman Sachs cuts growth forecast as trade war triggers recession fears

Goldman Sachs lowered its fourth-quarter growth forecast by 20 basis points to 1.8%, citing a larger than-expected impact of recent trade war events.

5 years ago

Apple supplier AMS makes 38.50 euros/share takeover offer for Germany's Osram

Apple supplier AMS AG said it has made an all-cash takeover offer for German lighting group Osram Licht AG at an offer price of 38.5 euros per share.



5 years ago

BlackRock now has the biggest slice of Sports Illustrated owner Authentic Brands

BlackRock bought a roughly 30% stake in Authentic Brands Group, parent company of Sports Illustrated, for $875 million.

5 years ago

Goldman Sachs economists say fears rise that U.S.-China trade war leading to recession

Goldman Sachs Group Inc said on Sunday that fears of the U.S.-China trade war leading to a recession are increasing and that Goldman no longer expects a trade deal between the world's two largest economies before the 2020 U.S. presidential election.



5 years ago

AMS plans rival takeover bid for Germany's Osram

Apple supplier AMS AG on Sunday said it plans to make an all-cash takeover bid for German lighting group Osram , offering 38.5 euros per share, more than a rival offer from private equity firms Bain Capital and Carlyle Group.



5 years ago

Sensor specialist AMS triggers bidding war for Germany's Osram

Austrian sensor specialist AMS triggered a bidding war for Osram on Sunday, saying it was ready to pay $3.8 billion for the German lighting group's shares, 10% more than finance investors Bain Capital and Carlyle have already offered.



5 years ago

Russia tells Google not to advertise 'illegal' events after election protests

Russia's state communications watchdog has asked Google to stop advertising "illegal mass events" on its YouTube video platform, it said on Sunday.



5 years ago

Oil prices fall on worries over demand growth outlook

Oil prices fell on Monday, dragged down by an economic slowdown and worries about the Sino-U.S. trade war, which have led to a cut in the growth outlook for oil demand.



5 years ago

Asian shares falter as U.S.-China trade war, recession worries weigh

Asian shares fell on Monday morning, while gold prices held firm as investors worried a prolonged Sino-U.S. trade war could tip the world and U.S. economies into recession.



5 years ago

Oil slips as demand outlook, trade dispute weigh

Oil prices dipped on Monday amid worries about an economic slowdown and the Sino-U.S. trade war, which have led to a cut in the growth outlook for oil demand.



5 years ago