Private Equity

Latest Stories

SoftBank Sells Nvidia Stake for $5.8 Billion to Fund AI Bets

SoftBank Group Corp. sold its entire stake in Nvidia Corp., pocketing $5.83 billion to help bankroll envisioned AI investments at a time investors are questioning the sheer amounts of capital chasing a technology with uncertain future returns.

By Min Jeong Lee

Canada Pension Plan Raises €815 Million in EDP Share Sale

The Canada Pension Plan Investment Board, one of the world’s largest pension funds, raised about €814.7 million ($942.6 million) from the sale of its stake in Portuguese energy company EDP SA.

Stocks Slip on AI Caution as SoftBank Exits Nvidia: Markets Wrap

The rally in stocks faded amid renewed caution over lofty valuations in the artificial intelligence sector as Japan’s SoftBank Group Corp. sold its stake in Nvidia Corp.

SoftBank Joins Move to Oust GoTo CEO in Boost for Grab Deal

SoftBank Group Corp., Provident Capital Partners and Peak XV are among a group of prominent GoTo Group backers seeking to replace Chief Executive Officer Patrick Walujo, a dramatic twist that could accelerate talks about an acquisition by Grab Holdings Ltd.

Warburg’s Truhome Finance Said to Weigh $300 Million India IPO

Warburg Pincus LLC’s Truhome Finance Ltd. is considering an initial public offering that could raise about $300 million or more, according to people familiar with the matter.

Elliott Takes Toyota Industries Stake, Sees Buyout Price Too Low

Elliott Investment Management has been building a significant stake in Toyota Industries Corp. and has told the Toyota group company that its proposed privatization price is too low, people familiar with the matter said.

Sony Lifts Profit View on Anime Strength and Tariff Revision

Sony Group Corp. raised its profit outlook after reporting stronger-than-expected earnings, buoyed by its entertainment portfolio and resurgent demand for its premium smartphone camera sensors.

Neuberg Diagnostics Said to Eye $350 Million India IPO in 2026

Neuberg Diagnostics Pvt. is said to be planning an initial public offering that could raise about $350 million for the Indian clinical laboratory-testing chain, according to people familiar with the matter, adding to flurry of deals in the country’s hot IPO market.

Chuangxin Industries Said to Seek $700 Million in Hong Kong IPO

Chuangxin Industries Holdings Ltd., a Chinese aluminum smelter, is planning for its initial public offering in Hong Kong to fetch about $700 million, according to people familiar with the matter.