Divestiture

The coronavirus has shuttered the cruise industry, prompting companies to reassess their fleets and raise billions of dollars in debt.

CEO Kasper Rorsted has made fixing Reebok a priority since he joined the company in 2016.

The deal for Ingram Micro is one of the largest ever for Tom Gores-led Platinum.

Rakuten and KKR will seek to shore up Seiyu’s digital operations as demand for online retail grows in Japan amid the pandemic.

Walmart Inc. is selling most of Japanese retailer Seiyu to KKR & Co. and Rakuten Inc. in a deal that values the supermarket chain at 172.5 billion yen ($1.6 billion), as the U.S. giant retreats from its two-decade attempt to crack Japan’s retail market. Under the agreement, private equity fund KKR will become the majority […]