Alternative assets are set for a boom era even as investors adapt to a world of higher interest rates thanks to the vast pools of capital controlled by wealthy families that are set to pour into illiquid assets.
THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS
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KKR eyes $190 trillion of wealth in private markets ‘golden age’
Alternative assets are set for a boom era even as investors adapt to a world of higher interest rates thanks to the vast pools of capital controlled by wealthy families that are set to pour into illiquid assets. Read here
Bain makes $3.2B offer for Surgery Partners
Bain Capital Private Equity has proposed to acquire the remaining shares of the Tennessee-based surgical facility operator for $25.75 apiece. The firm currently owns a 39% stake in the company. Read here
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American Axle to buy Dowlais in $1.4B deal
The Detroit-based automotive and mobility supplier is set to acquire the London-listed maker of driveline systems in a cash-and-stock deal valuing the GKN Automotive owner at 85.2 pence per share. Read here
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NEWS WORTH NOTING
DeepSeek reaches No. 1 on Play Store, App Store
Since its launch in mid-January, the Chinese AI lab's Android app has been downloaded over 1.2 million times on the Google Play Store and over 1.9 million times on the Apple App Store across the world.Read here
A record windfall from new share sales helped the sultanate leapfrog markets like the UK last year, but it faces an early test of investors’ appetite in 2025. Read here
Lenskart plans $1B IPO, hires Kotak, Morgan Stanley
The Indian eyewear company may seek a valuation of $8 billion in its initial public offering, with other banks possibly joining in the proposed move. Read here
Star Entertainment to divest Star Sydney center
The Australian gambling and entertainment company says it would divest its Star Sydney Event Centre assets to Foundation Theatres for $37.51 million. Read here
India's IPO boom defying stock market’s slump
The 23 stocks that debuted in India so far are up by an average of 15% from their offer prices, indicating that there’s room for initial public offerings to continue their bull run.Read here