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US buyout group has held talks with investment banks as it prepares for potential sale process expected to start next year

Plus, European start-ups look to challenge OpenAI and Disney runs into trouble on the cricket pitch

Expert known for bullish calls is latest executive from investment bank to join private capital group

Esken considers new funding deal for struggling Southend airport in exchange for giving up control

US private equity group’s chief executive Harvey Schwartz tells analysts ‘there is a lot of work to do’

Chief executive Harvey Schwartz lays out new financial benchmarks alongside better than expected results

Private equity group Quantum Capital will buy owner of natural gas power plants

Abingworth wants to pursue royalty-based partnerships with major pharma groups

Suppliers face bottlenecks in crucial US entry point for vehicles while repair bill estimates soar

EU and UK watchdogs act after finding multiple manufacturers co-ordinated positions on vehicle recycling