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25 articles summarized · Last updated: LATEST

Last updated: July 10, 2026, 11:30 AM ET

Apollo Global Management Pursues Major Deals

Apollo Global Management has been active on multiple fronts, notably tabling a £5.7bn bid for easy Jet, an offer that trumped a rival bid from Castlelake and prompted the airline's board to withdraw support for the earlier deal. In a separate transaction, Apollo agreed to invest €3bn in equity into an entity holding Bayer's long-acting reversible contraceptives (LARC) business, a capital solutions agreement that aims to bolster the German multinational's life sciences operations. The firm is also reportedly targeting primary care, with involvement in digital infrastructure for the sector alongside other investors.

Private Equity Eyes Healthcare and Tech Sectors

Private equity firms are showing significant interest in healthcare, with Apollo, Kain Capital, and OMERS Private Equity to support digitalization efforts. KKR has launched a new platform specifically to in medical devices. In the molecular testing space, EQT, Advent, and KKR are reportedly exploring takeover interest in Qiagen. Meanwhile, Warburg Pincus agreed to invest in Creditor Watch, an Australian credit reporting platform, to support its Asian expansion.

Fundraising and IPO Activity

Fundraising saw a record second quarter, with inflows significantly boosted by the $49bn raised for MGX Fund I in June. In Asia, the Minnesota State Board of Investment is seeking a general investment consultant. Separately, the Korean government-related Investment organization is looking to commit 270bn Korean won to domestic blind funds for 2026. Fast-fashion group Shein has secured Chinese regulatory approval for a Hong Kong listing, clearing a major hurdle for its long-awaited initial public offering.

Venture Capital and Startup Investments

In the venture capital space, Ares has backed Firebird Music's new $750m fund dedicated to acquiring music catalogues, partnering with The Raine Group. SoftBank Corp and Pay Pay are reportedly in talks to invest in Seven & i Holdings, the Japanese owner of the 7-Eleven convenience store chain following Bloomberg reports. Elsewhere, AI pioneer Yann LeCun is reportedly in talks with limited partners for a new venture capital firm. The HR tech sector has also seen deal activity, with Shore Capital, Lightyear, and Bridgepoint signing agreements.

Startup Valuations and Investor Insights

Fast-growing companies are commanding substantial valuations, with Mercor reportedly in talks for a $20bn valuation, a significant increase from its October valuation of $10bn as reported by Tech Crunch. Some intriguing startup deals from the past month include those focused on AI for biology and advancements in private market transactions. Precursor Ventures' Charles Hudson shared common mistakes he's observed after investing in over 500 startups, offering insights into the challenges facing early-stage founders.