BLOOMBERG Advent International and CVC Capital Partners are among private equity firms weighing bids for a minority stake in Deutsche Lufthansa AG’s aircraft maintenance and repair unit, people with knowledge of the matter said. A stake in Lufthansa’s Technik business is also attracting initial interest from Bain Capital and Blackstone Inc, according to the people, who asked not to be ...

BLOOMBERG WHP Global, the owner of the Toys ‘R’ Us and Express retail brands, has secured $375 million in growth capital from private equity giant Ares Management Corp. The transaction values the company at $1.6 billion, according to a statement reviewed by Bloomberg News. The investment will add significant cash to the retail operator’s balance sheet and spur its “next ...

BLOOMBERG A US probe into the 13,000-barrel oil spill on TC Energy’s Keystone pipeline is expected to cut into crude flows ahead of the summer driving season. Regulators ordered the company to reduce operating pressure along the entire Keystone system stretching from Hardisty, Canada, to Cushing, Oklahoma until further notice. The new restrictions will likely force the pipeline to curb ...