Lockheed Martin in lead to buy naval tech group Ultra Maritime
Agreement for defence company could be announced as soon as early next week
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Healthcare group owned by Ardian has its bank accounts seized
Creditors told of investigation into Santé Cie and subsidiaries over dealings with healthcare professionals
Sandwich chain Jersey Mike’s files for IPO as Blackstone eyes windfall
Private equity group targets valuation of up to $12bn for purveyor of cheesesteaks and cold-cut heroes
Apollo struggles to sell Hispanic grocer after US immigration raids hit sales
Investors and analysts say customers’ fear of Trump’s deportation campaign weakened the private equity-owned chain
Job seekers giving up: Labor force participation rate falls to lowest in 50 years, outside of Covid era
A drop in the unemployment rate helped provide some upside to what was an otherwise downbeat jobs report — but it was for all the wrong reasons.