Philip Morris International Inc. agreed to buy Vectura Group PLC, a U.K. pharmaceuticals business specializing in inhaled medicines, for $1.24 billion in cash, bolstering its... Read More
Trusts/Funds/Financial Vehicles
The owner of downtrodden retail brands including JCPenney and Forever 21 plans to sell shares to the public, according to documents filed with the Securities... Read More
As the U.S. hospitality industry rebounds from pandemic closures, former hotelier Sam Nazarian is moving into the food-hall business, marrying the traditional dine-in model with... Read More
SYDNEY—A group of infrastructure investors submitted a nearly $17 billion takeover bid for Sydney Airport, the operator of Australia’s busiest airport, signaling that investors are... Read More
LONDON— Apollo Global Management Inc. said Monday it is considering making a bid for U.K. grocery chain WM Morrison Supermarkets PLC, setting up a potential... Read More
General Atlantic, a growth investor that made early bets on Alibaba Group Holding Ltd. and Priceline.com LLC, has collected $3 billion for a fund that... Read More
Activist investor Elliott Management Corp. has intensified pressure on GlaxoSmithKline PLC, calling on the pharmaceutical giant to replace members of its board and launch a... Read More
Apollo Global Management Inc. is taking a stake in financial-technology investor Motive Partners, a move aimed at beefing up the private-equity giant’s own technology. Apollo... Read More
Data and media research business Kantar has named Chris Jansen its new chief executive officer, effective Nov. 1. Mr. Jansen, who has managed various private-equity-owned... Read More
Hertz Global Holdings Inc. emerged from bankruptcy protection Wednesday under new owners and a new board. The directors of the reorganized Hertz will include at... Read More
