(Reuters) – Genstar Capital, which is focused on investments in financial services, healthcare, industrials and software industries, said on Monday it had raised more than $10 billion for its tenth flagship fund.The announcement comes less than two years after the buyout firm raked in $7 billion for its ninth fund.U.S. private equity fundraising dropped to…
TOKYO (Reuters) -Hitachi Ltd said on Wednesday it will buy U.S. software company GlobalLogic Inc for $9.6 billion, including repayment of debt, as the Japanese industrial conglomerate pivots from electronics hardware to digital services.FILE PHOTO: The logo of Hitachi is seen at an office building in Zurich, Switzerland September 10, 2020. REUTERS/Arnd WiegmannThe deal is…
(Reuters) – Hammered by the fallout from a surge in U.S. government bond yields, mutual funds and exchange-traded funds that invest in emerging stock markets are now this year’s biggest investment losers, according to Refinitiv Lipper data.FILE PHOTO: A woman looks at an electronic board showing the recent fluctuations of market indices on the floor…
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