Blackstone’s plans for data centre unlikely to generate thousands of jobs failed startup promised with Northumberland battery plant The site in north-east England previously owned by the failed battery startup Britishvolt is to be bought...
Company manages €186bn of assets, including stakes in the Six Nations rugby and Lipton Teas Business live – latest updates CVC Capital Partners, one of Europe’s largest private equity groups, has announced plans to raise more than...
Exclusive: Charities concerned at profits being made from government contracts to help victims David Rowland: Why is nobody holding private equity to account? Millions in taxpayer funds are being paid to private equity-backed firms to...
From care homes to cancer treatment, millions in taxpayer funds are being paid out of the system every year Private equity groups collecting millions to run UK government-funded sexual assault referral centres If you are in a vulnerable...
Opaque ownership structures and bumper profits point to an early years sector gone wrong Childcare and nursery education in England is in the process of being transformed. Following ministers’ decision to make it a priority as a way to...
Independent owners are declining fast in a sector now dominated by big companies and private equity UK watchdog plans formal investigation into vet pricing “Multiple concerns,” said the Competition and Markets Authority about the...
With more public money on its way, Joseph Rowntree Foundation calls for commitments on value for money and staff pay Why those profiting from childcare in England need to be kept in check Campaigners are calling for tougher regulation of...
Essex-based hub to pass into hands of private-equity firm after agreement on £194m debt Southend airport is to pass into the control of the US private-equity group Carlyle after an agreement to settle a debt, in the latest takeover of a...
A local authority leader claims private equity groups are exploiting vulnerable youngsters in care homes in the pursuit of profit Care companies are insisting on unnecessary and expensive support packages for vulnerable children to boost...
Billions in private equity and corporate taxes could be rolled back, along with what critics say is a sop for child tax credits Some of largest and most profitable companies in the US are primed to save billions of dollars from a...
UK electronics retailer’s board says bid from Waterstones owner undervalues the company The UK electrical goods chain Currys has rejected an improved takeover offer worth £742m from the US investment group Elliott Advisors. The new offer...
CEO says doing business while at ‘the centre of a hurricane’ is crucial to keeping the country afloat • Business live – latest updates For Lenna Koszarny, the Canadian-born head of Ukraine’s largest private equity group, Horizon Capital,...
JD.com weighing up offer after UK electrical retailer rejects £700m bid from US private equity group Elliott Currys board should play hardball with bidders A Chinese e-commerce company has said it is considering making an offer for...
Electrical goods retailer says £700m offer ‘significantly undervalued the company and its future prospects’ Currys has rejected a takeover bid from the US investment group Elliott, saying the offer significantly undervalued its business....
Process likely to lead to job losses and store closures, and threaten source of sales for global network of small farmers and producers ‘Scent of a generation’: Body Shop products consumers loved When Anita Roddick sold The Body Shop in...
Some of chain’s 200 UK stores expected to shut following weak trading over Christmas and January The Body Shop, the skincare and cosmetics retailer founded by the campaigner Anita Roddick in the 1970s, is set to appoint administrators in...
Report shows Labour move to scrap many rules and processes as party denies plan will dilute consumer protections Martha Lane Fox: green economy must be next UK government’s No 1 priority Labour has pledged to “unashamedly champion” the...
Exclusive: more than 500 bosses from finance world will be in attendance at sold-out event in London Labour will use its sold-out business conference next week to unveil the party’s City policy plans, the Guardian can reveal, as it tries...
Global Infrastructure Partners, whose portfolio includes Gatwick, sold to BlackRock in $12.5bn deal From the humble luggage tray to filters that mask smells at sewage plants, the sale of some of Britain’s most pedestrian assets to the...
Observer investigation finds homes backed by private equity more than doubled in five years, with Qatar and Abu Dhabi sovereign wealth funds among investors Serious concerns have been raised over the growing influence of private equity...
Secondary sales of stakes in private equity, venture capital and real estate funds totaled $47 billion in 2014, roughly 80 percent more than in 2013, research by the investment bank Evercore found.
The Treasury Department has the legal authority to close some tax loopholes that Congress did not intend, writes Victor Fleischer in the Standard Deduction column.
The investment firm H Partners raises reasonable questions about the board, chief executive and earnings of Tempur Sealy, Stephanie Rogan of Reuters Breakingviews writes.
H Partners, an activist hedge fund, called for the ouster of Tempur Sealy's chief executive and board, claiming the mattress maker has suffered from years of mismanagement.
Carlyle, the Washington-based private equity giant, said that its quarterly economic net income — a measure of profit that includes unrealized gains or losses — declined 68 percent, to $180.5 million.
Junior bankers — some who graduated from college only last year — are being courted for lucrative positions at companies such as Bain Capital and the Carlyle Group.
Kohlberg Kravis Roberts said its economic net income — a profit measure that includes unrealized gains or losses — was $86.6 million, compared with $789.6 million in the period a year earlier.
Apollo Global Management's economic net income after taxes — a profit measure that includes unrealized investment gains or losses — declined nearly 80 percent in the fourth quarter.
Gary Loveman will be succeeded by Mark Frissora, the former chief executive of Hertz, who left the rental car company last year after pressure from activist investors.
"I have begged, literally begged" young financiers not to start their own firms "because they're going to destroy their careers," says Stephen A. Schwarzman.