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Corporate News

kkR to take over Goldman Sachs backed insurer Global Atlantic

NEW YORK: kkR & Co Inc said on Wednesday it would acquire Goldman Sachs-backed Global Atlantic Financial Group Ltd, making it the latest private equity firm to add an annuities and life insurance provider to its platform.


Bulgaria closes night clubs, bans spectators at sports events

SOFIA (Reuters) - Bulgarian night clubs and indoor discos will close, spectators will be banned at all sports events and public gatherings will be limited to 30 people as new cases of the coronavirus have surged, Health Minister Kiril Ananiev said.