Bloomberg Brexit may have sown chaos in UK politics, but at least one private equity firm is enthusiastic about the potential it creates for deals. “We see Brexit as a huge opportunity for deals and are getting very excited about investments in the UK,” said Dan Zilberman, head of Europe at Warburg Pincus. “However, a deal bonanza is contingent on ...

Bloomberg A standoff between Italy and ArcelorMittal over the future of the European Union’s biggest steel mill escalated, after the country’s economic development minister lashed out at the company. “We won’t allow ArcelorMittal to blackmail the government by threatening over 5,000 job cuts,” economic development minister Stefano Patuanelli wrote in a Facebook post. “Commitments should be upheld.” ArcelorMittal started legal ...

Bloomberg Medopad Ltd, a UK artificial intelligence startup teaming with China’s Tencent Holdings Ltd on new approaches to disease, raised $25 million for clinical studies of its health technology. Leaps by Bayer, an investment arm of Bayer AG, led the series B round, Medopad said in a statement. The London-based firm is focused on finding and using digital indicators of ...