Private equity firm KKR & Co said
on Tuesday it had closed its latest buyout fund European Fund V,
which was focused on transactions in core Western Europe
markets, at 5.8 billion euros ($6.44 billion).
The pace of growth in Brazilian
business activity slowed in October, a purchasing managers index
survey showed on Tuesday, although strong upswings in employment
and new export orders pointed to a potential rebound in the
The Saudi government will be
subject to a one-year restriction on selling additional Aramco
shares in the oil company after a planned initial public
offering (IPO), three sources familiar with the matter said.
JPMorgan Chase & Co said
on Tuesday that it hired a team of four bankers to lead a new
team in its commercial bank that connects venture capital
investors with fast-growing start-ups in technology, life
sciences and other fields.
Emerson Electric Co said on
Tuesday it named Mark Blinn to its board, bowing to pressure
from activist shareholder D.E. Shaw, which has called for a
breakup of the U.S. factory automation equipment maker.
Inmarsat, the British
satellite firm being acquired by a private equity-led
consortium, has rejected a call by investor Oaktree Capital to
delay the takeover court hearing until there is clarity on the
status of its U.S. spectrum holdings.