Private equity giant Carlyle Group bought a 10% stake in logistics company Hyundai Glovis Co Ltd worth about $510m, Hyundai Motor Group said on Wednesday. The shares in the Hyundai Motor affiliate were sold by Hyundai Motor Group Chairman Euisun Chung and Honorary...
Michael Rubin’s e-commerce company Fanatics has acquired Topps trading cards, sources close to the deal confirmed to CNBC on Monday night. Terms of the agreement were not available, but industry sources put the deal at roughly $500 million. It will include only Topps’...
Societe Generale is betting on the sharing economy and the shift to electric vehicles as it aims to make its vehicle-leasing subsidiary ALD a core pillar of its business, the French bank said on 6 January, setting out a merger between ALD and peer LeasePlan. Under the...
Private equity investor Actis, Canada Pension Plan Investment Board (CPPIB) and I Squared Capital-backed roads operator Cube Highways are in the last lap of negotiations to buy Peak Infrastructure, a portfolio of operational road assets owned by Canadian investor...
The private equity firm behind a £1.2bn bid for Clinigen is under pressure to raise its offer, with Elliott Management understood to be among several hedge funds believing that it undervalues the drugs provider. Triton Investment Management’s 883p-a-share cash offer... 