Browsing Tag
Bain Capital
39 posts
Beeline Medicines advances afimetoran toward pivotal lupus trials after strong Phase 2 results
Beeline Medicines' afimetoran trial success puts its $426.3 million-backed lupus strategy in focus. Explore the pivotal plans and risks ahead.
Perpetual (ASX: PPT) reports A$9.6bn outflows as Barrow Hanley loses US mandates
Perpetual has reported substantial asset management outflows during the September quarter, driven by withdrawals from major institutional strategies, while its Corporate Trust division reached a record A$1.4 trillion in funds under administration.
Evident buys CrestOptics to push deeper into high-speed 3D microscopy
Bain Capital-owned Evident has acquired Rome-based CrestOptics, bringing spinning-disk confocal and super-resolution microscopy technology in-house while preserving CrestOptics’ broader OEM and distribution relationships.
AAR (NYSE: AIR) sinks 8% despite earnings beat as $4bn MRO deal resets the risk equation
AAR’s first-quarter revenue jumped 24% and adjusted EPS beat expectations, but investors focused instead on a transformative acquisition that introduces debt, dilution and integration risk while promising a dramatic margin upgrade.
Perpetual rejects EQT’s A$22.50 final takeover offer and ends talks
Perpetual Limited has rejected EQT AB’s best-and-final A$22.50-per-share takeover proposal despite an added dividend concession, shifting attention back to the Bain Capital wealth sale and the value of its remaining asset-management and corporate-trust businesses.
Envestnet to acquire Vestmark as wealth technology platform expands trading capabilities
Envestnet has agreed to acquire Vestmark, bringing institutional trading, tax-transition and portfolio-management technology into a platform associated with roughly $8 trillion of assets, although overlapping customers mean the asset figures cannot simply be added together.
The Shepherd Mayfair starts around £500 a night, but overnight guests are only part of the revenue plan
The Shepherd Mayfair opens with 82 rooms in London, testing whether prime location, dining and £500 rates can deliver strong boutique returns in Mayfair.
Why WPP could cut 1,000 more jobs as Cindy Rose accelerates £500m restructuring
WPP is reportedly preparing to eliminate up to 1,000 additional jobs by the end of 2026 as Chief Executive Officer Cindy Rose deepens the Elevate28 restructuring, considers further asset sales and transforms the advertising group around AI after roughly 11,000 positions have already disappeared since early 2025.
Airwallex crossed $1bn in annualised revenue, so why is it still holding back from public markets?
Airwallex says it will be IPO-ready by year-end but sees little reason to rush into public markets. With annualised revenue above $1 billion, an $11 billion valuation and fresh expansion into autonomous finance, the bigger question is whether waiting strengthens the eventual listing or allows private-market expectations to run ahead of financial disclosure.
South Korea’s Lotte sells car rental unit to TPG for $925m
TPG's 1.31 trillion won Lotte Rental deal hands Lotte Group liquidity at a discount to the collapsed Affinity bid, with KFTC review still the last hurdle.