Canyon Bicycles Draws Takeover Interest From Carlyle, KKR

Canyon Bicycles Draws Takeover Interest From Carlyle, KKR

Canyon Bicycles GmbH has drawn takeover interest from private equity giants including Carlyle Group and KKR & Co., according to people familiar with the matter, as investors look to capitalize on renewed enthusiasm for one of Europe’s favorite pastimes. Koblenz,...
Expedia near deal to sell stake to private-equity firms

Expedia near deal to sell stake to private-equity firms

Expedia Group Inc. is in advanced talks to sell a stake to private-equity firms Silver Lake and Apollo Global Management Inc. APO, +2.70% after the widespread travel bans caused by the coronavirus pandemic ravaged the online-booking company’s business....
How to Be a Team Owner When There Are No Sports

How to Be a Team Owner When There Are No Sports

No games are underway during the coronavirus pandemic, but pro-sports organizations have as big a role to play as ever, says Apollo Global Management co-founder Josh Harris, owner of the Philadelphia 76ers and New Jersey Devils. Teams have an obligation to support...
DBAG raises €1bn for new fund

DBAG raises €1bn for new fund

Dbag Fund VIII, which is targeting €1.1bn in total, has already exceeded its predecessor   Deutsche Beteiligungs (Dbag) has launched a new fund with capital commitments of more than €1bn, with the private equity firm co-investing €255m alongside investors. Dbag...