Control of Korea Zinc, the world’s largest producer of zinc, is at stake in a battle challenging the country’s entrenched chaebol system of powerful conglomerates.
Category: Private Equity
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Wall St. Is Minting Easy Money From Risky Loans. What Could Go Wrong?
Everyone from Jamie Dimon to the International Monetary Fund is ringing alarms about the shadowy world of private credit. But the money keeps rolling in.
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David Bonderman, Co-Founder of Private Equity Giant TPG, Dies at 82
A globe-trotting lawyer turned investor, he helped transform a cottage industry into a colossus with influence on Wall Street and beyond.
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Remembering David Bonderman, a Private Equity Pioneer
A former lawyer, he cofounded the giant investment firm TPG and became known for complex deals that remade corporate America. He died on Wednesday at 82.
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Can Wall Street Billionaires Deliver on Trump’s Blue-Collar Promise?
The president-elect has named wealthy financiers for key economic positions, raising questions about how much they will follow through on promises to help the working class.
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DirecTV Calls Off Plans to Acquire Dish Network
The deal, which would have created one of the largest pay-TV providers in the United States, fell apart after strong objections from Dish’s lenders.
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Motel 6 Is Sold to Oyo, an Indian Hotel Company Expanding in the U.S.
A roadside chain for more than 50 years, Motel 6 was owned by Blackstone, the private equity giant. Oyo will pay $525 million in an all-cash deal.
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Axel Springer Strikes Deal With KKR to Split Up Publishing Giant
The deal values all of Axel Springer at roughly $15 billion, with the company’s publishing assets worth about $4 billion.
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TelevisaUnivision Considers Replacing CEO Wade Davis
Wade Davis led an acquisition of Univision in 2020, buying out a consortium of private-equity owners.
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Miami Dolphins Deal Talks Gain Momentum
Owner Stephen Ross is talking to private equity firms after the N.F.L. changed the rules on what types of investors can buy into the league.
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When Property Investors Want Out, These Bargain Hunters Rush In
Investment firms are raising record sums for real estate secondary funds that cut private deals to buy assets from investors who can’t otherwise exit.