CVC raises €26bn for world’s biggest buyout fund
Luxembourg-based private equity giant CVC Capital Partners has raised €26 billion ($29.2 billion) for the world’s biggest-ever buyout fund. “CVC is pleased to announce the…
July 2023
ETF assets hit record $10.5 trillion at the end of June
Research and consultancy firm ETFGI has reported that assets invested in the global ETFs industry (exchange-traded funds) reached a record $10.51 trillion at the end of…
Company debt rose $456bn to $7.8 trillion in past year
Companies around the world took on $456 billion of net new debt in 2022-23, as of March 31, pushing the outstanding total up 6.2% on…
Illumina fined €432m by EU for unapproved Grail deal
The European Commission has fined San Diego-based genetic testing company Illumina a record €432 million for closing its $8bn takeover of Menlo Park, California-based cancer test…
EU €4bn bond sale attracts record bids of €73bn
The European Commission, which issues EU-Bonds on behalf of the EU, said it successfully completed its eighth syndicated transaction since the beginning of the year, raising…
EIB lends €435m to Rome-based water utility Acea
The European Investment Bank (EIB) announced it has provided a €435 million loan to Rome-based water utility Acea with the primary goal of strengthening and improving…