Blackstone, Carlyle brace for private equity’s terrible hangover ‘

Despite the sunny weather, the outlook was less rosy this week in Berlin, where the private equity industry met for its annual industry summit. In a week when the S&P 500 stock index fell into a bear market and both the US Federal Reserve and Bank of England raised interest rates, buyout bosses met in … Read more

Zendesk Stock Soars on Report of Fresh Buyout Deal

Text size Pedestrians walk past the entrance to Zendesk headquarters in San Francisco. David Paul Morris / Bloomberg Zendesk soared early Friday after The Wall Street Journal reported the provider of cloud-based customer-service software was in takeover talks with a group of buyout firms. Zendesk (ticker: ZEN) jumped more than 53% to $ 88.95 in … Read more

Zendesk Close to Striking Buyout Deal, Sources Say

Zendesk Inc. is close to a deal with a group of buyout firms, according to people familiar with the matter, resurrecting a failed attempt to sell itself in what would be one of the biggest private-equity takeovers of the year. A deal with a group that includes Hellman & Friedman LLC and Permira could be … Read more

Alphabet Chief Financial Officer Ruth Porat Bought Stock in Blackstone

Text size Blackstone headquarters in New York. Angus Mordant / Bloomberg Blackstone stock has slumped so far in 2022, and director Ruth Porat just bought shares of the private-equity firm on the open market. Blackstone (ticker: BX) stock has fallen 22% year to date, compared with a 13% drop in the S&P 500 index. Blackstone … Read more

A-Rod-backed sports betting app Mojo wants to let you bet on athletes like stocks

A-Rod-backed sports betting app Mojo wants to let you bet on athletes like stocks | Fortune You need JavaScript enabled to view it. .

AmerisourceBergen, # 8 on the Fortune 500, sets aside $ 150 million for its first corporate venture fund

AmerisourceBergen, # 8 on the Fortune 500, sets aside $ 150 million for its first corporate venture fund | Fortune You need JavaScript enabled to view it. .