IMM Private Equity has completed its $1.2bn buyout of controlling 37.8% stake in Hanssem Co., the largest furniture and home furnishing company in Korea, according to market sources on Tuesday. The deal closure comes in two months. The Korean private equity has...
Azalea Investment Management has closed its second private equity fund of funds product Altrium II on $805m. The latest fundraise came two years from the firm’s inaugural Altrium I, which was closed on $650m. The firm said Altrium II will allow accredited investors...
Pan European buyout house IK Partners has agreed to tap its €1.2bn Small Cap III Fund to acquire e-commerce platform Stein. Established in 1999, Stein runs a B2B e-commerce platform for barrier technology, municipality, construction site and facility management...
Sky News had reported on Tuesday afternoon Dragan Solak, founder of United Group, has invested a chunk of his fortune in a controlling stake in the Saints, who sit 14th in the table, 10 points clear of the relegation zone. Southampton have now confirmed the deal which...
The European Commission has cleared the $1bn acquisition of interconnect specialist Interplex by US private equity giant Blackstone. The European Commission has approved the acquisition of contract manufacturer Interplex and its five sites in Europe by US asset... 