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Blackstone slashes already agreed NIBC buyout offer to just over €1bn in wake of coronavirus uncertainty

US private equity giant Blackstone has slashed its previously agreed buyout offer for Dutch bank NIBC by about 25% due to the coronavirus crisis.

Vitruvian Partners buys into growing European digital signature, ID business Scrive

Vitruvian Partners has bought European digital signature and identity solutions business Scrive.

Elliott Management, Siris Capital-backed Travelport hopes to weather coronavirus challenge with up to $1bn of new financing

The private equity arm of activist investor Elliott Management Corp has teamed with Siris Capital to help existing portfolio business Travelport Worldwide weather the coronavirus crisis with up to $1bn of new financing.

Sycamore emerges as potential JC Penney saviour, a month after backing out of Victoria’s Secret buyout

Sycamore Partners is reportedly in talks to buy US department store chain JC Penney out of bankruptcy, just a month after backing out of an agreed buyout of troubled fellow retailer Victoria's Secret.

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