The New York-based global alternative investment manager is readying what could mark its largest-ever private equity fund – its 11th fund dedicated to private equity – which is expected to launch early next year.
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Apollo targets $25B for flagship private equity fund
The New York-based global alternative investment manager is readying what could mark its largest-ever private equity fund – its 11th fund dedicated to private equity – which is expected to launch early next year.Read here
Omnicom aims at AI with $13B Interpublic deal
The New York-based leader in marketing and corporate communications has struck an all-stock deal to buy its rival, creating the world's largest advertising agency.Read here
PHOTO: OMNICOM
AllianceBernstein acts on $17B Credit Suisse debt
The New York-based investment management and research firm is preparing to initiate proceedings for $225 million after UBS’ takeover of the Swiss lender led to the erasure of $17 billion of the bank’s debt.Read here
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KKR’s $1.4B Perpetual deal at risk by tax bill
The New York-based investment firm’s acquisition of the Australian fund manager’s wealth management business is in danger of collapsing after the deal was hit by an unexpected $312 million tax bill.Read here
The Japanese life insurance company plans to buy the Bermuda-based insurer as a wholly owned unit in what would be the biggest acquisition by a Japanese insurer. Read here
Temasek launches new $7.5B private credit arm
Singapore’s state investment firm has unveiled a new private credit entity, marking a significant push into the rapidly expanding private credit market. Read here
Denmark’s Nykredit to buy Spar Nord Bank for $3.5B
The largest Danish mortgage lender has agreed to acquire its competitor, creating the third-largest bank in the latest consolidation move in the Nordic financial industry. Read here
Bankers prep $9.6B debt for Unilever ice cream sale
Lenders are raising funds for the British consumer goods company’s ice cream business, in case it opts for a sale to private equity firms instead of a public listing.Read here
