Bain Capital has made a final pitch to members of British insurer LV= to back its takeover bid, after a lengthy sale process that’s drawn a dozen offers as well as political heat about preserving mutual firms. The deal will bring investment in LV=’s growth, including...
Investcorp is gearing up to sell Italian motorcycle clothing brand Dainese in a deal that could value the 49-year firm, favoured by motorcycle racer Valentino Rossi, at about €750m, a source familiar with the matter told Reuters. The Bahrain-based private equity firm,...
British private equity firm CVC Capital Partners said on Wednesday it has pulled out of takeover talks with Dutch financial services company Intertrust. CVC had launched a 18 euro bid per share for Intertrust on Nov. 11 which valued the firm at 1.63 billion euro...
A $12 billion takeover proposal for Telecom Italia by private equity giant KKR has highlighted an ‘Italian discount’, which a surge in investor interest and a European fund aimed at supporting its struggling economy could help narrow. At a 36% discount to...
Rajan Bajaj, founder of fintech Slice, chimed in on a Twitter thread early this year and wondered aloud what he needs to do to turn his startup into a unicorn before he turns 30. Slice, which was valued at under $200 million in a financing round in June this year, has... 