Carlyle Group Inc
SoftBank to acquire chip designer Ampere in $6.5 billion deal
The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025. Kazuhiro Nogi | Afp | Getty Images SoftBank Group said Wednesday that it will acquire Ampere Computing, a startup that designed an Arm-based server chip, for $6.5 billion. The company expects the deal to close in […]
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Shares of iRobot tank 30% after Roomba maker raises doubt about its survival
Roomba vacuums by iRobot are displayed at Best Buy store on January 19, 2024 in San Rafael, California. Justin Sullivan | Getty Images Shares of iRobot plunged more than 30% on Wednesday after it said there’s “substantial doubt” about its ability to stay in business. The Roomba-maker’s financial outlook has darkened since Amazon abandoned its […]
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Once high-flying Bluebird Bio sells itself to private equity after tough times for the gene therapy maker
Sopa Images | Lightrocket | Getty Images Bluebird Bio will sell itself to private equity firms Carlyle and SK Capital for about $30 million, the company said Friday, marking the end of the Bluebird’s fall from the one of the buzziest biotech firms to one that was on the cusp of running out of money. […]
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Corporate insiders are selling shares at a record pace in the fourth quarter
Corporate insiders are taking advantage of the stock market’s postelection boom to all-time highs, unloading shares at record levels. The ratio of unique sellers-to-buyers among S & P 500 companies is 23.7-to-1 in the fourth quarter — the highest level since digital disclosures of insider trades were first mandated back in 2004, according to data […]
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What Trump’s election to the White House could mean for EVs
Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a variety of all-electric trucks and SUVs. Photo by Jeffrey Sauger for General Motors DETROIT – President-elect Donald Trump’s victory over Vice President Kamala […]
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Investors are ‘dramatically overestimating’ an oil glut, Carlyle’s Jeff Currie says
An oil pump jack is shown in a field on June 27, 2024 in Stanton, Texas. Brandon Bell | Getty Images News | Getty Images SINGAPORE — Global markets are severely overplaying an oil supply glut, said Jeff Currie, chief strategy officer of energy pathways at private equity giant Carlyle. Concerns about a supply glut […]
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NFL expected to vote in favor of private equity ownership; select firms to commit $12 billion
Jacob Kupferman | Getty Images The NFL’s most exclusive club is about to let in new members. At a special league meeting in Eagan, Minnesota, on Tuesday, the National Football League’s 32 owners are expected to vote in favor of allowing select private equity firms to buy up to a 10% stake of a team. […]
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McDonald’s increases its minority stake in China business
Customers wait for their takeout food outside a McDonald’s restaurant during the May Day holiday on May 1, 2022 in Beijing, China. VCG | Getty Images McDonald’s is buying Carlyle’s stake in its China business, increasing its minority share from 20% to 48% ownership. The fast-food giant sold off control of its restaurants in mainland […]
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‘Incredible alpha opportunities’ in the year forward in spite of headwinds, claims Carlyle Team CEO Harvey Schwartz
Several of Wall Street’s most significant names convened in Riyadh, Saudi Arabia, for the kingdom’s annual Upcoming Expense Initiative, during which they weighed in on pitfalls and prospects for traders and the global economic climate. Bankers talking on panel conversations notably pressured headwinds — significantly in the quick time period — from many wars, an […]
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Why major commercial real estate firms are joining resources to recruit Black student-athletes
Cedric Bobo discusses a new program for Black student-athletes to transition into the commercial real estate market. Diana Olick | CNBC When Darius Livingston graduated from the University of California, Davis, two years ago, he knew his football career was over. Like most of his former teammates — and the majority of college athletes — […]
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