by Sebastian | Nov 17, 2020 | DPEC, GPEC, News, UKPEC
Rupert Murdoch’s News Corp will this week vie with German media group Bertelsmann to buy Simon & Schuster in an auction that has become a battle for scale between two of the world’s biggest book publishers. ViacomCBS is expecting final bids for its Simon &...
by Sebastian | Nov 9, 2020 | DPEC, GPEC, News
Deutsche Bank rejected a request by the European Central Bank to suspend key parts of its leveraged finance operations over concerns that Germany’s largest lender was not properly monitoring risk in that area, according to people familiar with the matter. The...
by Sebastian | Nov 8, 2020 | DPEC, GPEC, News, UKPEC
Buy-out funds are weighing bids for the UK’s biggest nightclub operator after the pandemic forced the company into an emergency sale. Private equity firms Greybull Capital and Aurelius have been circling Deltic Group ever since it hired accountancy firm BDO to find a...
by Sebastian | Oct 29, 2020 | DPEC, GPEC, News
GetYourGuide Deutschland GmbH, a booking startup backed by SoftBank Group Corp., has raised 114 million euros ($134 million) via a convertible loan, after the pandemic continues to disrupt the travel industry. The investment was lead by private equity firm Searchlight...
by Sebastian | Oct 28, 2020 | DPEC, GPEC, News
Schroder Adveq, the private equity arm of asset manager Schroders, has launched a new European strategy seeking to raise $1bn, regulatory filings show. The new vehicle, Schroder Adveq Europe VIII, will focus on fund of funds investments in various sectors across...
by Sebastian | Oct 26, 2020 | DPEC, GPEC, News
Bayer agreed to acquire unlisted U.S. biotech firm Asklepios BioPharmaceutical Inc for as much as $4 billion in a bet on gene therapy with the help of modified viruses. Germany’s Bayer will pay $2 billion upfront and up to an additional $2 billion in milestone...
