WASHINGTON—Wall Street’s private equity giants are the latest companies to face regulatory probes into dealmakers’ use of prohibited communications channels. Apollo Global Management Inc., KKR KKR 0.23% & Co. Inc., and Carlyle CG -7.69% Group Inc. revealed on Tuesday that it is facing investigations into whether its employees used messaging apps such as WhatsApp to … Read more
A unit of Walgreens Boots Alliance Inc. WBA 3.72% is nearing a deal to combine with a major owner of medical practices and urgent care centers in a transaction valued at about $9 billion including debt, according to people familiar with the matter, the latest in a series of acquisitions by large consumer-focused companies that … Read more
Debt-laden with investor capital, tech startups plan to snap up software developers, engineers and marketers flooding the job market after job cuts at Twitter Inc., Lyft Inc. and other major tech employers. Kathy Zhu said she is fielding candidates for engineering, customer service and other roles at Streamline AI, the two-year-old tech startup she co-founded. … Read more
Debt-laden with investor capital, tech startups plan to snap up software developers, engineers and marketers flooding the job market after job cuts at Twitter Inc., Lyft Inc. and other major tech employers. Kathy Zhu said she is fielding candidates for engineering, customer service and other roles at Streamline AI, the two-year-old tech startup she co-founded. … Read more
Longtime Chinese investor Tiger Global Management has paused investing in Chinese stocks, people familiar with the matter said, as the firm reevaluates its exposure to the world’s second-largest economy after President Xi Jinping cemented his control over the country. Tiger leaders, including founder Charles “Chase” Coleman, have told others that Mr Xi’s re-election and his … Read more
Supply chain technology provider project44 has postponed plans for a possible public offering amid uncertainty in markets, and is instead turning to more venture capital investments to expand its company’s tracking of goods through global transportation networks. Chicago-based project44, one of a number of supply chain software startups that have drawn billions of dollars in … Read more
Investors who fund venture capital firms continue to plow money into the sector, eager for access to hot technology startups, even as the industry slips into a bear market. Venture capital funds raised $151 billion in the first three quarters of this year, surpassing any previous full-year fundraising, according to newly released data from PitchBook … Read more
Former CNN president Jeff Zucker is in talks with private equity firm RedBird Capital Partners to run a roughly $1 billion fund that invests in sports and media, according to people familiar with the matter. The move will mark Mr. Zucker’s return to business since he resigned from CNN in February after he failed to … Read more
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Emerson Electric Co. EMR 1.76% is selling a majority stake in its climate-technologies business to Blackstone Inc. BX 0.68% in a transformational deal for the industrial company that would value the unit at $14 billion including debt and mark the biggest private-equity buyout in months at a time when such activity has been choked off … Read more