Clayton, Dubilier & Rice (CD&R) has won the auction for Morrisons with a 7 billion pound ($9.5 billion) bid, paving the way for the U.S. private equity firm to take control of Britain's fourth-biggest supermarket group.
SoftBank Group will invest in a $2.5 billion private equity fund set up by former U.S. Treasury secretary Steven Mnuchin, the Japanese conglomerate said on Wednesday without disclosing the size of the investment.
SoftBank Group's Vision Fund had invested in a $2.5 billion private equity fund set up by former U.S. Treasury secretary Steven Mnuchin, the Financial Times reported https://www.ft.com/content/24da1d88-8e63-4868-849f-3e3ecff1c39a.
Mexican used-car platform Kavak said it has more than doubled its valuation to $8.7 billion based on its latest funding round, making it the second-most valuable startup in Latin America as it eyes further expansion beyond its home market.