The death of Italian skier Matteo Franzoso during preseason training has reignited debates over safety measures in World Cup skiing, prompting calls for dedicated training courses, enhanced safety protocols, and mandatory protective gear, just months before the Milan-Cortina Olympics.
Private-equity firm GTCR has announced its largest deal ever, with the planned $18.5 billion buyout of payments processing company Worldpay. GTCR will own 55% of the company, while FIS will own the remainder. GTCR will use funds from its recent $11.5 billion fund and its $7.9 billion Fund XIII for the equity in the transaction. The deal is seen as a positive sign for the private-equity industry, as major banks are showing renewed interest in financing large-scale buyouts.