Sycamore Partners Acquires Chico’s FAS for $1bn

Sycamore Partners Acquires Chico’s FAS for $1bn

After not finding any better offers, Fort Myers-based retailer Chico’s FAS is moving ahead with a plan to sell itself to a New York-based private equity firm for $1bn. A “go-shop” period to seek better offers has expired and a required waiting period...
Hahn & Co. Considers Selling Stake in SK Shipping for $10bn

Hahn & Co. Considers Selling Stake in SK Shipping for $10bn

South Korean buyout firm Hahn & Co. is reviewing strategic options for its majority stake in SK Shipping Co., including a sale that could value the company at about $10bn including debt, according to people familiar with the matter. Hahn & Co. is working with...
Wentworth Capital Buys $140m Logistics Portfolio from GPT

Wentworth Capital Buys $140m Logistics Portfolio from GPT

Real estate private equity firm Wentworth Capital is again buying a portfolio of logistics assets from the listed GPT, with a deal in train for it to pay more than $140m for key assets in Sydney and Melbourne. The company’s move mirrors a play it made late last year...
Brookfield, TPG and BlackRock Back $30bn Climate Fund with UAE

Brookfield, TPG and BlackRock Back $30bn Climate Fund with UAE

The United Arab Emirates is preparing to announce a new $30bn climate-focused investment fund during COP28 with backing from some of the world’s biggest investors including BlackRock (BLK.N), three sources with knowledge of the matter told Reuters. The sources...