German online car retailer Mobility plans stock market float

German online car retailer Mobility plans stock market float

German online car retailer and leasing firm Mobility Holding known for the MeinAuto.de site is preparing for a stock market flotation that could value it at 1.3-1.4 billion euros ($1.6-1.7 bln), including debt, people close to the matter said. Mobility would be the...
More German investors planning entry into private debt market

More German investors planning entry into private debt market

More German institutional investors are planning to allocate to private debt in the coming years, with the corporate segment poised to attract the most first-time buyers, according to a survey conducted by the country’s association for alternative investments BAI....
UPDATE: TSG makes exit from hi-end bike brand Canyon

UPDATE: TSG makes exit from hi-end bike brand Canyon

Groupe Bruxelles Lambert has signed a definitive agreement to acquire a majority stake in Canyon Bicycles. As part of the transaction, significant minority shareholder TSG Consumer Partners will fully exit its stake. The founder, Roman Arnold, will remain the Chairman...
Billionaire Issa brothers snap up German petrol chain for £440m

Billionaire Issa brothers snap up German petrol chain for £440m

British petrol-station operator EG Group has agreed to buy Austrian oil and gas company OMV’s network of 285 petrol stations in southern Germany for 485 million euros ($589 million), OMV said on Monday. OMV had put the network up for sale as part of a divestment plan...