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Blackstone, Apollo, KKR hauled in $71b amid tough market

Bloomberg KKR & Co., Blackstone Group LP and Apollo Global Management LLC posted strong fundraising results in a volatile quarter. KKR hauled in $11.3 billion in the fourth quarter, while Blackstone and Apollo collected $38.6 billion and $21.6 billion, respectively, showing that the appetite for their longer-term strategies remains robust. Shares of KKR rose as much as 6.3 percent following ...

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US deals drive M&A surge

Bloomberg After a dismal December, dealmakers made a comeback in January, logging $275 billion of mergers and acquisitions globally to mark the best start to a year in almost two decades. “M&A came back even though the markets felt choppy, and that shows how confident CEOs are,” said Susie Scher, co-head of the global financing group at Goldman Sachs Group ...

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Europe firms dust off no-deal Brexit plans as UK risks grow

Bloomberg Robert Bosch GmbH, the world’s largest auto-parts maker, is stocking up components in the UK LVMH is building up its inventory there. Channel tunnel operator Eurotunnel is expanding its parking lot for trucks in France. European firms that do a lot of business with the UK are preparing for the worst. Their frenzied activity reflects the growing likelihood that ...

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