Business trends, people to watch and risks on the horizon in 2024

AI is the big tech story, luxury is losing some of its sparkle and more private equity firms may head for the public markets


http://dlvr.it/T0q7N1

Predictions: private credit takes stock of the borrowers

The deals have enabled some teetering groups to hang on for a couple more years


http://dlvr.it/T0hyNk

Global dealmaking drops below $3tn for first time since 2013

Higher interest rates, geopolitical tensions and regulatory challenges have prompted two-year hiatus


http://dlvr.it/T0h0Wc

Blackstone loads up on European real estate

World’s largest commercial property owner says it has been more active in the region because of ‘distress and dislocation’


http://dlvr.it/T0WmGX

Failed Warburg talks reveal BlackRock’s private equity ambitions

Discussions about a possible strategic partnership foundered over two firms’ competing visions


http://dlvr.it/T0SCpr

Co-op Bank enters exclusive merger talks with Coventry Building Society

A deal would see the private equity-controlled UK bank return to mutual ownership


http://dlvr.it/T0R8Zq

Coming soon: the €6bn AHO telco LBO?

Plus, PE’s big windfall after a tough year and new hopes for Japanese M&A


http://dlvr.it/T0QSSF

Warburg Pincus teams up with Horta-Osório on €6bn bid for telecoms assets

Private equity firm is working with former Lloyds and Credit Suisse boss on plan to buy Altice’s Portuguese business


http://dlvr.it/T0Pq7J

General Atlantic in talks to buy UK infrastructure investor Actis

US private equity firm is seeking to diversify and grow its asset base ahead of possible listing


http://dlvr.it/T0N1cq

European buyout firms increase salaries despite downturn

Private equity groups operating in Europe paid staff more even as industry faced grim conditions


http://dlvr.it/T0H8BC

The deals that show how lucrative private equity deals can be

3G’s acquisition of Burger King and the purchase of VMware have proved to be among the most profitable industry transactions


http://dlvr.it/T0CSFl

The break-up that could reshape Bolloré’s empire

Plus, Peltz and Disney square off — again, and private equity’s sound of silence on music deals


http://dlvr.it/T096qK

Apollo, Carlyle and KKR weigh bids for Pension Insurance Corporation

US buyout groups consider joining thriving market for UK corporate pension deals


http://dlvr.it/T08TfH

Apollo/PIC: asset and liability harmony matters in M&A too

Rumoured £5bn for UK insurer would exceed company’s book value


http://dlvr.it/T08TSH

Rising rates rock private equity’s billion-dollar bets on music

Wall Street firms that had been vying to snap up song rights have slowed their buying considerably


http://dlvr.it/T06ghd

PE+QE made K&E. Will it last?

Plus, Gerry Cardinale’s dealmaking spree and KKR spots a PE opportunity others passed up


http://dlvr.it/T04Bl9

The private capital industry’s ‘dry powder’ has hit $4tn

What could go wrong?


http://dlvr.it/T02rZD

KKR in talks to buy stake in Veritas business valued at close to $11bn

A potential deal for healthcare technology company Cotiviti comes after earlier bid from Carlyle fell through


http://dlvr.it/T01FHM

General Atlantic takes first step towards potential US listing

Confidential filing positions private equity group to broaden its investment operations


http://dlvr.it/T011qs

German football clubs vote to back private equity investment

Result paves way for deal that would see buyout industry take stake in entity controlling Bundesliga’s commercial rights


http://dlvr.it/T00MZL

Ex-footballer Zlatan Ibrahimović to join AC Milan owner RedBird

Former centre-forward will use his 123mn social media followers to expand club’s international brand


http://dlvr.it/SzzZvk

Thames Water’s convoluted financial plumbing is part of the problem

Persuading investors about its funding and convincing politicians are two different things


http://dlvr.it/SzzFsg

Arctos takes stake in Paris Saint-Germain to value club at more than €4bn

Qatari owners bring in sports-focused US private equity group


http://dlvr.it/SzqpTJ

Commercial property confronts the ‘comedown’ from easy money

As René Benko’s Signa property empire implodes, the rest of the sector faces a reckoning


http://dlvr.it/Szpksq

Hedge fund Muddy Waters shorts Blackstone mortgage trust

Private equity firm rebuts short seller’s warning about ‘a lot of rot in its book’


http://dlvr.it/Szp3rc

Coventry bid for Co-op Bank could return lender to mutual ownership

Private equity-owned lender receives non-binding bid from UK’s third-largest building society


http://dlvr.it/SznL4S

KPMG restructuring spin-off Interpath falls to £10mn loss

Private equity-backed business hit by rise in staff and financing costs


http://dlvr.it/SzmwcL

Exuberance creeps in

Plus, private credit’s new favourite financing tool


http://dlvr.it/SzmYHN

Legal eagles punt ‘trophy assets’

M&A ‘quarterbacks’ help navigate rules in record-breaking deals


http://dlvr.it/Szjkpx

Gold’s weird rally

And private equity’s insurance trade


http://dlvr.it/SzgHD6

Tech funds adopt private equity strategies in race to return cash to investors

Silicon Valley venture capital firms rush to establish ‘continuation funds’


http://dlvr.it/SzdlT2

Canadian pension giant warns against UK plan to push schemes into private equity

Head of CPPIB says key to success of fund’s model is ‘freedom to invest wherever we see the best chance of returns’


http://dlvr.it/SzdWXb

Gymkhana’s owner raises funds to buy out investor with Abraaj ties

The Michelin-starred restaurant group bought out the son of the failed private equity firm’s founder


http://dlvr.it/SzZxH3