private
Amara Barroeta is struggling to find a school for her daughter next year following the LA fires.The Eaton Fire burned down the private school she was planning to send her daughter to next year.The fires have also slowed business at her café, and Barroeta can no longer afford private school.This…
By Jennifer Rigby LONDON (Reuters) – One of the world’s biggest global health funders will ask the private sector for a steep increase in donations as concern of a shortfall in government contributions grows following a U.S. decision to exit the World Health Organization. The Global Fund to Fight AIDS,…
Providing on-site protection during a fire is a tiny part of what private firefighting companies do, executives told BI.Crews for on-site protection cost thousands per day.Companies in the space said they mostly contract with the federal government or insurers, not private landowners.Private firefighters aren’t doing what you likely think they…
Wednesday’s BlackRock earnings call was CEO Larry Fink’s 100th.The firm went public in 1999 when it was still known primarily as a fixed-income manager.Despite being the world’s largest asset manager, the $11.6 trillion firm is looking to grow through its private market strategies.At least one thing remains the same from…
Zendaya wore a ring to the Golden Globes, sparking rumors that she is engaged to Tom Holland.Zendaya and Holland are known for keeping most of their relationship details private.PR experts told Business Insider the ring could be interpreted as a nod to an engagement without needing a statement.Zendaya wore a…
By Savyata Mishra and Juveria Tabassum (Reuters) -Nordstrom will be acquired by its founding family and Mexican retailer Liverpool for nearly $4 billion in an all-cash deal, leaving public markets after 54 years as the business attempts to tackle slowing demand. The $24.25-per-share deal is 42% higher than the stock’s…
By Emma-Victoria Farr and Andres Gonzalez LONDON (Reuters) – Private equity funds in Europe, even though flush with cash, are thinking twice about buying businesses that could be difficult to sell and carefully working through their exit plans before making more acquisitions, bankers and investors said. In one example, Brookfield…
By David French, Andres Gonzalez and Davide Barbuscia NEW YORK (Reuters) – A dealmaking splurge by BlackRock (NYSE:) in 2024 may continue as the world’s largest asset manager is expected to opportunistically look to further expand in private credit, real estate, infrastructure or possibly private equity. New York-based BlackRock announced…
By Milana Vinn, Echo Wang and Carolina Mandl NEW YORK (Reuters) -Blackstone expects an improved environment for mergers and acquisitions and a pickup in the market for initial public offerings to help the buyout giant sell and exit more than twice the number of private equity investments in 2025, a…
By Echo Wang and Carolina Mandl NEW YORK (Reuters) – Warburg Pincus expects a material uptick in deals in the private equity industry in 2025 and 2026, driven by pressure to return capital to their investors, its chief executive officer Jeffrey Perlman said in an interview at the Reuters NEXT conference in…
