SoftBank-Backed Enpal Raises €430 Million for Solar-Leasing Unit
The SoftBank-backed solar power startup Enpal said Friday that it has raised €430 million ($464 million) in debt funding to finance its leasing business. DWS and Phoenix Life Limited joined existing investors BlackRock and ING in the refinancing round, according…
R Systems Snaps Up IT Firm After Blackstone’s Take-Private Offer Fails
Indian IT services company R Systems International Ltd has struck an acquisition just weeks after private equity giant Blackstone’s attempt to take it private failed. Mumbai-listed R Systems said it has agreed to acquire Pune-based Velotio Technologies Pvt. Ltd for an upfront…
Ryman Hospitality Properties, Inc. to Acquire JW Marriott San Antonio Hill Country Resort & Spa from Blackstone Real Estate Income Trust, Inc. for $800 Million
Ryman Hospitality Properties, Inc. (NYSE: RHP) (“Ryman”) and Blackstone Real Estate Income Trust, Inc. (“BREIT”) today announced a definitive agreement under which Ryman will purchase the JW Marriott San Antonio Hill Country Resort & Spa (“JW Marriott Hill Country”) in…
Canada’s Brookfield offers to buy Dubai-based Network International for $2.76bln
Canada’s Brookfield Asset Management has reached an agreement with Dubai-based Network International to buy the payments provider for a cash offer of 2.2 billion pounds ($2.76 billion) for the entire issued and to be issued share capital. The Brookfield offer…
If You Invested $10,000 in Prologis in 2013, This Is How Much You Would Have Today
This real estate investment trust has crushed the S&P 500 index in the past decade. Commercial real estate can be a particularly lucrative industry. It has created scores of millionaires and billionaires over the years. That’s because while the demand…
PayU and Prosus champion sustainable packaging solutions In India with new report
On World Environment Day, in a transformative move to address the urgent need for sustainable packaging solutions in India’s rapidly growing e-commerce sector, PayU, one of the leading online payment service providers in India, and Prosus, the global consumer internet…
European stocks may give US equities a run for their money
Even as some European stocks give U.S. equities a run for their money this year, investors still give the region’s companies a lower valuation than their counterparts across the Atlantic. There are signs, however, that could change, according to Goldman…
Schwab Delivers Enhanced Direct Indexing Capabilities to RIAs
Registered Investment Advisor (RIA) clients of Charles Schwab & Co., Inc. now have access to a new digital experience and customization enhancements for Schwab Personalized Indexing™, Schwab’s direct indexing solution that provides tax-loss harvesting and professional portfolio management. RIAs can…
Schwab Launches Money Talk Personal Finance Column and Social Channels
Charles Schwab today announced a new platform for personal finance education called Money Talk, which aims to help everyday Americans navigate common financial topics and situations with uncommonly practical insights and ideas from certified experts. Money Talk will include a regular column…
Reflecting on a year of action for people, prosperity and planet
New Mastercard report details 2022 impacts and outcomes Mastercard today detailed the actions the company took in 2022 to advance its environmental, social and governance goals as part of its doing well by doing good approach. The strategy and efforts — expressed…
Visa Reportedly Nears Deal for Brazil Payments Provider Pismo
Visa Inc. is in advanced talks to acquire Pismo, a Brazilian financial technology firm that provides cloud-based payment and banking platforms, according to people familiar with the matter. Visa could announce a deal as soon as this month for the Sao Paulo-based…
Oklahoma Health Care Authority Announces Intent to Award Humana Contract to Serve Medicaid Beneficiaries
Leading health and wellness company Humana Inc. (NYSE: HUM) has been recommended by the Oklahoma Health Care Authority (OHCA) to deliver health care coverage to Medicaid beneficiaries across the state, anticipated to start in early to mid-2024. Humana’s Medicaid division,…