Press Digest: Financial Times - July 27

Carlyle

27/07/2026 03:09

The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
     
Headlines
     - The Exploration Company with SpaceX ambitions aiming for a $2 billion valuation
- Carlyle and Bain Capital battle to buy wealth manager in potential $7 billion deal
- US pauses Iran strikes as Oman pursues Hormuz transit deal
- Saint-Gobain pushes ahead with US expansion despite slow housing market
     
Overview
- The Exploration Company (TEC) is discussing raising at least $300 million in new money that could value the company at more than $2 billion once the fresh investment is taken into account. 
- Carlyle CG.O and Bain Capital are vying to buy wealth management platform Wealth Enhancement after the group’s private equity owners put it up for sale, aiming at a valuation of roughly $7 billion including debt.
- The U.S. paused strikes on Iran for a second consecutive night as mediators sought to prevent the warring parties returning to full-blown war following two weeks of escalatory tit-for-tat attacks.
- French building materials giant Saint-Gobain will push ahead with a major expansion of its American business despite a US housing slump, transatlantic trade wars and a volatile political climate.

(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))