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The European Central Bank is set to raise rates, the first such move since September 2023, as energy disruptions caused by the Iran war drive higher prices.
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Companies appear hesitant to pass those price increases on to weary consumers, whose wages aren't keeping up.
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Sentinel Capital Partners, a private equity firm that invests in promising midmarket companies, today announced the sale of NSI Industries, a leading manufacturer and supplier of branded electrical products, to Hubbell Incorporated for $3.0 billion. Sentinel acquired NSI in November 2024. NSI is a category-leading provider of more than 15,000 branded replenishment electrical power components […]
The post Deal Roundup: Sentinel announces sale of NSI Industries, Platte River Equity teams with Tallman appeared first on AltAssets Private Equity News.
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Corporate drama and a stock plummet at Fermi America are raising questions about the sustainability of the wider artificial intelligence boom.
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