Alto Partners and Arca Fondi acquire pharma manufacturer Eurosirel

Alto Partners and Arca Fondi acquire pharma manufacturer Eurosirel

Milan-based private equity firm Alto Partners and Italian fund management company Arca Fondi have agreed to the buyout of Eurosirel, a manufacturer and distributor of medical devices and cosmetics. The transaction is expected to close by June.  As part of the...
Japan’s Toshiba considers $20bn take-private deal

Japan’s Toshiba considers $20bn take-private deal

Toshiba Corp is considering a $20 billion offer from private equity firm CVC Capital Partners to take it private, a person familiar with the matter said, as the Japanese industrial conglomerate faces pressure from activist shareholders to improve governance. The...
Tesla rival Lucid Motors to go public in $24bn mega SPAC deal

Tesla rival Lucid Motors to go public in $24bn mega SPAC deal

Luxury electric vehicle maker Lucid Motors on Monday agreed to go public by merging with blank-check firm Churchill Capital IV Corp in a deal that valued the combined company at a pro-forma equity value of $24 billion. Lucid, run by an ex-Tesla engineer, is the latest...
Innova Capital closes latest fund at €407m

Innova Capital closes latest fund at €407m

European private equity firm Innova Capital has closed its latest fund, Innova/7, raising €407m, surpassing its €350m target and $400m hard cap.  Innova/7 focuses on business and financial services, industrials and consumer & lifestyle, attracting institiutional...