The biggest U.S. private-equity firm says second-quarter net income tumbles 58% to $647 million, as investment income slid. CEO Stephen Schwarzman touted the company's success in luring new money from big investors, including public-pension funds.
Madame Tussauds owner Merlin Entertainments agrees to be acquired by a consortium that includes the founding family of Lego, private-equity firm Blackstone Group and the Canadian Pension Plan Investment Board.
The healthcare app creator reportedly shelves a Hong Kong listing in favor of "China's Nasdaq" due to data privacy and transparency concerns.
Canadian pot producer Tilray announces a deal with majority shareholder Privateer Holdings to gradually sell the private equity firm's remaining stake in it.
Shares of Shutterfly surge on a report that private equity firm Apollo Global Management is in the lead to acquire the digital imaging company.
Private-equity giant Blackstone is buying the U.S. e-commerce logistics assets of three funds managed by Singapore's GLPfor $18.7 billion in a move seen as a big nod to the future of online shopping.
West Street Capital Partners VII, a fund managed by the merchant banking division of Goldman, on Monday said it is buying Capital Vision Services, the company that manages MyEyeDr. optometry practices, from private-equity firm Altas Partners LP and the Province of Quebec's pension fund, Caisse de depot et placement du Quebec.
The Financial Stability Oversight Council, a panel of top U.S. regulators charged with preventing future financial crises, met Thursday to discuss the past decade's surge in corporate borrowing, much of it by companies with junk-grade credit rating. An economic downturn likely would bring a wave of credit-rating downgrades and debt defaults that could ripple across markets.
SeaWorld announces that long-time investor Hill Path Capital is raising its stake in the company to 34.5%, and that it is also buying back its own shares from Pacific Alliance Group to the tune of $150 million.
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