Private equity firm Bain Capital is reportedly in discussions to purchase education-software provider PowerSchool. The proposed $6 billion deal — still weeks away from being finalized — was reported Wednesday (May 7) by Reuters, citing a source familiar with the matter. Based in Folsom, California, PowerSchool makes...
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 buyouts, is being taken back to the investment committees of the firms for further discussion, Bloomberg reported Sunday (Oct. 22), citing...
Apollo Global Management and Sixth Street, which both were set to provide financing for Elon Musk to buy Twitter, have backed out of those talks, Reuters wrote, citing unnamed sources. Musk and Twitter have been in a court battle following Musk’s shift away from his...
Brookfield Asset Management and Network International Holdings could be in the running to buy UAE lender Mashreqbank’s payment unit, Bloomberg wrote. The payment unit handles the processing of transactions for transactions made with credit and debit cards. Mashreq said earlier in the year that it...
November 14, 2024
Seven & i Holdings, owner of the 7-Eleven convenience store chain, said Wednesday (Nov. 13) that it received a proposal for a potential management buyout. The non-binding and confidential proposal to acquire the company came from its vice president and representative director, Junro Ito, and a private company affiliated with him, Ito-Kogyo, Seven & i […]
May 08, 2024
Private equity firm Bain Capital is reportedly in discussions to purchase education-software provider PowerSchool. The proposed $6 billion deal — still weeks away from being finalized — was reported Wednesday (May 7)...
October 22, 2023
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 buyouts, is being taken back...
October 05, 2022
Apollo Global Management and Sixth Street, which both were set to provide financing for Elon Musk to buy Twitter, have backed out of those talks, Reuters wrote, citing unnamed sources....