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Private Equity Firms Raise $8.52 Billion in June

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KKR Buys Japan’s Largest Storage Tank Operator

New York-based investment firm Kohlberg Kravis Roberts (NYSE: KKR) has signed an agreement to buy Japan's Central Tank Terminal (CTT). KKR will buy the Japanese chemical...
Self-driving truck startup, Plus Enters a Business Combination with Hennessy Capital Investment Corp. V.

Supply Chain Woes Lead to Higher Post-Pandemic Costs

Supply chain woes lead to higher costs. Results from Procter & Gamble Co, Danone SA, and Ericsson show higher costs and supply chain disruptions. Therefore,...
Hanging clothes

Rent the Runway Struts into $1.7 Billion Valuation

Rent the Runway struts into a $1.7 billion valuation. This comes after its shares opened nearly 10% above their IPO price. Goldman Sachs...

EQT Ventures Backs Innovative Blockchain Startup Moralis

Blockchain application development platform Moralis raised $13.4 million in its latest seed funding round. Additionally, this seed funding round was primarily led...

Appian Cashes in on Brazilian Mining Assets After South African Buyout

Appian Capital Advisory LLP sold two of its Brazilian mining companies to South African-based Sibanye-Stillwater. The companies, Atlantic Nickel and Mineração Vale...

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U.S. Construction

U.S. Construction Spending Increases by 0.9% in November

U.S. spending on construction projects increased by 0.9% to $1.459 trillion in November, the highest level since the government started tracking the...

New High Yield Bond Ratings: April 19 – 23, 2021

At least 27 companies received a revision on high yield bond ratings during the week of April 19 - 23, 2021. These...
Hotel deals

HYATT Makes Deal to Buy a Resort Company from Big Private Equity Firm

U.S hotel chain HYATT has agreed to buy Apple Leisure Group (ALG), a resort belonging to a large private equity firm. The...
retailer supermarket grocery cart

Asda has been Acquired by Issa Brothers and TDR Capital

Walmart Inc. (Walmart) has sold a majority stake of UK-based retailer Asda Group Limited (Asda) to billionaire brothers Mohsin and Zuber Issa...
Talview

Hiring Made Easy: AI-powered Talview secures $15m

AI-powered hiring and proctoring solution provider, Talview, has secured $15 million in a Series B funding round. This investment was led by...