Chinese gaming company Beijing Kunlun Tech Co Ltd said on Friday that it has agreed to sell Grindr LLC, a popular gay dating app it acquired in 2016, for about $608.5 million.
March 6 Chinese gaming company Beijing Kunlun Tech Co Ltd is close to signing an agreement to sell popular gay dating app Grindr LLC to a group of investors, according to people familiar with the matter.
March 6 Chinese gaming company Beijing Kunlun Tech Co Ltd is close to signing an agreement to sell Grindr LLC, the popular gay dating app it has owned since 2016, to a group of investors, according to people familiar with the matter.
NEW YOKR/HONG KONG China's Centurium Capital, a big backer of domestic startup Luckin Coffee , is set to reach the first close of fundraising for its latest private equity fund with about $2 billion, said two people with direct knowledge of the matter.
NEW YOKR/HONG KONG, March 6 China's Centurium Capital, a big backer of domestic startup Luckin Coffee, is set to reach the first close of fundraising for its latest private equity fund with about $2 billion, said two people with direct knowledge of the matter.
NEW YORK Blackstone Group Inc and Apax Partners LLP are among the buyout firms that have had to delay their annual meetings with their private equity fund investors or carry them out remotely because of travel restrictions imposed amid the global outbreak of a new coronavirus.
Private equity firm Carlyle Group Inc has restricted travel for its employees, as the threat from the global coronavirus outbreak continues to rise, people familiar with the matter said on Wednesday.
NEW YORK/FRANKFURT CVC Capital Partners Ltd is looking to raise up to 20 billion euros (17 billion pounds) for its latest flagship buyout fund, in what would be the private equity firm's biggest pool of capital amassed to date, people familiar with the matter said on Monday.
BERLIN Major private equity firms, which have built up big distressed debt funds in recent years, are ready to snap up assets on the cheap if the coronavirus outbreak causes deeper market disruptions, executives told an industry meeting this week.
BERLIN, Feb 28 Major private equity firms, which have built up big distressed debt funds in recent years, are ready to snap up assets on the cheap if market disruptions continue, senior executives said at an industry meeting this week.
U.S. Democratic presidential candidates Joe Biden and Bernie Sanders will campaign in the Midwest on Saturday, as the two prepare for a showdown in Michigan, Missouri and four other nominating contests next week.