Hi it’s Matt Monks in New York. In today’s Bloomberg Deals, we look at how private equity is coming to grips with a lackluster IPO market. Elsewhere, Alphabet hones in on a jumbo takeover while a hostile banking deal percolates in Spain.
Today’s top stories
- Alphabet
progressin g in talks to buy HubSpot.
- BBVA makes $12 billion
hostile bid for Sabadell after snub.
- Musk’s
startup X.AI set to close funding round at $18 billion.
- Sony to bid for Japanese
e-comics provider Infocom.
Beyond IPOs
The LBO business is pretty straightforward. Buy a company with debt. Make it better by cutting costs or bulking ...
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