As bricks-and-mortar retailers face their biggest crisis yet, with a record number collapsing into bankruptcy even before the Covid-19 pandemic, one man is embracing them with both arms.

Elon Musk’s Space Exploration Technologies Corp. is close to finalizing $2 billion in new funding after the company increased the size of the round due to strong demand, according to people familiar with the matter.

Simpson Thacher & Bartlett advised health care payments software provider Waystar Inc. on its acquisition of eSolutions Inc., in a deal to merge the two into a single health care payment platform for commercial and government payers.

Visma’s owners are reviving the sale of a stake that could value the Norwegian software company at more than $10 billion, according to people familiar with the matter.

Libor transition language and rules governing the change to an alternative benchmark rate are currently top concerns for many CLO market participants.

San Francisco venture firm Initialized Capital Management has raised $230 million for its fifth fund, dedicated to investing in early-stage startups.

The drama surrounding the recruitment of a new chief executive for Norway’s $1.1 trillion wealth fund escalated on Friday as the biggest group in parliament, the opposition Labor Party, came out against the appointment of hedge-fund manager Nicolai Tangen.