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Brookfield in talks to buy Australia’s Intellihub stake

  Bloomberg Brookfield Asset Management is in talks for a deal to acquire a stake in Australian energy metering business Intellihub Group, according to people familiar with the matter. The private equity firm is the likely winner of an auction to buy an interest in the residential energy metering firm from its existing Australian backers Pacific Equity Partners, the people ...

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Draghi wants to make Italy more friendly to investors

  Italian Prime Minister Mario Draghi wants to make his country more friendly to outside investors. But an ongoing power struggle involving its largest insurer, its richest man and its most powerful investment banker is not a good look. Leonardo Del Vecchio’s fortune of nearly 40 billion euros ($45.1 billion) is rooted in his eyewear group Luxottica Group SpA, which ...

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A big EV battery IPO is here. Be careful

  One of the biggest electric-vehicle battery companies in the world is going public. South Korea’s LG Energy Solution, which makes powerpacks for the likes of General Motors Co, is looking to raise up to almost $11 billion in a listing that could value the company at close to $60 billion. Big, bold and promising as that is, investors need ...

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