Wall Street investment firms are taking advantage of the booming artificial intelligence (AI) industry by providing financing deals backed by AI chips. Graphics-processing-unit (GPU) chips...
Alternative asset manager Blackstone is reportedly set to acquire an 80% stake in Sony Payment Services, a payment service provider under Sony Group. The deal, valued at approximately $280...
Pet care marketplace Rover is set to be acquired by private equity firm Blackstone for $2.3 billion. “We are thrilled for this next chapter in the Rover story and...
Private equity group Blackstone is reportedly the leading bidder for Signature Bank’s commercial property loans. Sources tell Bloomberg News that Blackstone is the frontrunner to gain possession of an approximately $17...
Private equity firms Blackstone and Permira are reportedly reconsidering their potential acquisition of Oslo-based online classifieds company Adevinta. The potential deal, which would have been one of the year’s biggest...
Stampli has raised $61 million to expand its artificial intelligence (AI)-powered accounts payable offering. The Series D round, led by funds managed by Blackstone, brings the total...
Private equity operations are reportedly gloomy about their portfolio companies regaining their high valuations. That’s according to an analysis published Tuesday (May 23) by the...
Blackstone wants to give regional banks more lending power ahead of a looming credit crunch. Jon Gray, president of the private equity giant, told the...
In today’s top Europe, Middle East, and Africa news, the FinTech firm PayU has introduced credit payments in Romania; Voilà, a Berlin-based app that connects...