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Latest News on private equity markets

U.S. dominates second-quarter global M&A as mega deals roll on

Mega deals set the pace for mergers and acquisitions (M&A) globally in the second quarter of 2019, as large U.S. companies defied trade row jitters and seized on strong equity and debt capital markets to agree on transformative combinations.



4 years ago

California regulator considers penalty against PG&E in 2017 wildfires

California utilities regulator has opened a case to evaluate and consider penalties against power and gas utility PG&E Corp for its involvement in the fierce wildfires that killed 46 people in Northern California's wine country in 2017.



4 years ago

Madame Tussauds owner Merlin to be bought by Lego family and Blackstone

Madame Tussauds owner Merlin Entertainments is to be acquired by the investment vehicle of Lego's founding family and private equity firm Blackstone Group LP in a deal valuing the company and its debt at nearly 6 billion pounds ($7.6 billion).



4 years ago

Saudi Arabia's hometown ambitions could clip wealth fund's wings

Saudi Arabia’s Public Investment Fund (PIF) risks being pulled deeper into Crown Prince Mohammed bin Salman’s domestic projects, curbing its international ambitions and tying its fortunes closer to its home market, four sources familiar with its strategy said.



4 years ago

Factbox: Saudi sovereign fund's strategy in focus

Saudi Arabia's Public Investment Fund (PIF) has pursued eye-catching investments abroad over the past several years, part of reform plans to diversify the economy beyond oil and transform the country into a high-tech investment powerhouse.



4 years ago

Shell, Exxon Mobil eye re-entry into Somalia's upstream sector

Royal Dutch Shell and Exxon Mobil are looking to re-enter the market in Somalia ahead of an oil block bid round taking place later this year, the country's oil ministry said in a statement.



4 years ago

Many G20 heads voiced concern over trade tensions, global growth: Japan government

Many Group of 20 leaders voiced concern over trade tensions and the risk they pose on the global economy at their meeting in Osaka, western Japan, on Friday, a senior Japanese government official said.



4 years ago

Trump tells Putin: Don't meddle in U.S. elections

President Donald Trump told Russian President Vladimir Putin on Friday not to meddle in the U.S. elections, appearing to make light of a scandal that had led to a two-year investigation into his campaign's contact with the Kremlin during the 2016 elections.



4 years ago

Trump to Putin: Please don't meddle in U.S. elections

President Donald Trump on Friday sardonically asked his Russian counterpart to please not meddle in U.S. elections, appearing to make light of a scandal that led to an investigation of his campaign's contact with the Kremlin during 2016 elections.



4 years ago

Trump talks trade at G20 as China's Xi, others warn of risks of protectionism

U.S. President Donald Trump made clear on Friday his priority at a summit of Group of 20 leaders was trade deals to boost the U.S. economy, as other leaders such as China’s Xi Jinping warned against protectionism and its threat to the global economy.



4 years ago

Huawei shrugs off Verizon patent talks as 'common' business

Huawei said its patent talks with U.S. carrier Verizon is "common" business activity and such negotiations should not be politicized, days after a senator filed legislation to prevent the Chinese firm from seeking damages in American courts.



4 years ago

Weaning U.S. power sector off fossil fuels would cost $4.7 trillion: study

Eliminating fossil fuels from the U.S. power sector, a key goal of the "Green New Deal" backed by many Democratic presidential candidates, would cost $4.7 trillion and pose massive economic and social challenges, according to a report released on Thursday by energy research firm Wood Mackenzie.



4 years ago

Corporations take it on the chin in first Democratic debate

To the Democrats running for president of the United States, corporations charge too much for medicines and other critical goods, do not pay enough in taxes and repay bailouts by taking jobs overseas.



4 years ago

Ukrainian reformers under fire as battle over PrivatBank heats up

The day after Ukraine elected a new president in April, former central bank chief Valeria Gontareva was summoned for questioning as a suspect in a corruption investigation.



4 years ago

Amazon launches new in-store pickup option with Rite Aid as first partner

Amazon.com has steadily added options for customers to receive their packages including in car trunks, inside home garages and potentially by drone.



4 years ago