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Grain Management's Jenny Zhang is among nine dealmakers named the 2020 Rising Stars of Private Equity. Uber buys Postmates, as the food delivery sector consolidates. Apollo forms new direct lending company. PE news from Clearlake and Paceline.July 6
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The takeover would help Uber gain ground against privately-held DoorDash Inc., the current market leader in U.S. food delivery.July 6
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Amazon buys Zoox. Lululemon purchases Mirror. Platinum backs L&R Distributors.July 6
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Food delivery deals have been heating up, with takeover battles emerging in recent months for Britain’s Just Eat and Grubhub.July 1
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Home-fitness products such as Peloton bikes and Mirror’s wall-mounted device have gained in popularity as the coronavirus pandemic has shuttered gyms.June 30
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The partnership comes just months after Coty closed a $600 million deal with the reality TV star’s sister, Kylie Jenner.June 29
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Bulking up in driverless technology represents an expansion of Amazon’s already sprawling interests in transportation and logistics.June 29
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Mastercard buys Finicity. AEI backs Nuwave. Gilead purchases remaining stake in Pionyr.June 26
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The purchase gives Mastercard more tools that help banks speed up credit decisions or improve account verification processes.June 23
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IBM buys Spanugo. Sirius XM purchases Audios Ventures. Trinity Hunt backs Keste.June 19
