Private equity firm Pollen Street Capital has acquired a majority stake in Irish mobile top-up service provider Ding in a €300m deal. While no financial details surrounding the transaction have been publicly disclosed, industry sources estimate the equity value at...
Swedish Orphan Biovitrum (SOBI) said on Thursday it had received a bid from U.S. private equity firm Advent International and Aurora Investment valuing the rare disease drugmaker at about $8bn. SOBI’s stock, already up 15% so far this year, rose 24.6% to 239 crowns...
Blackstone is planning an initial public offering for Building Materials Europe BV that could value the business at as much as $7.1bn, people familiar with the matter said. The private equity firm is working with Lazard Ltd. and plans to select underwriters for the...
Dayone Capital announced today the final closing of Dayone Capital Fund I L.P., its first US-denominated private equity fund, with a total capital commitment exceeding $630m, surpassing the initial fundraising target of 500m. As a debut fund, Dayone Fund I was...
Bernard Arnault, the French luxury goods billionaire, has divested his stake in Carrefour, just as the giant retail chain is yielding results. Arnault first invested in Carrefour with US private equity firm Colony Capital, according to Edge Markets, which saw France’s... 