Portugal’s Resolution Fund said it had agreed with a banking syndicate to borrow $580m to shore up the capital of lender Novo Banco, which emerged from the ruins of the collapsed Banco Espirito Santo. The loan is politically controversial as Novo Banco is 75% owned by...
Spanish soccer body La Liga has separated its digital services into a new company and is in talks with private equity groups CVC Capital Partners and Bruin Sports Capital over selling 60 per cent of the organisation. Investment in LaLiga Tech, which the Spanish league...
After watching from the sidelines as a boom in the listing of special purpose acquisition companies (SPACs) reshaped U.S. capital markets, Europe is preparing to play catch up next year with around 10 such deals said to already be in the pipeline. SPACs are shell...
The Spanish banks BBVA and Sabadell have given up merger talks they confirmed less than two weeks ago because of disagreements over the pricing of the deal. Sabadell, which owns TSB in the UK, said it would now seek to “prioritise its Spanish domestic business”,...
KKR & Co. is preparing to raise another European buyout fund just a year after its last one, having comfortably outspent rivals during the coronavirus pandemic, according to people familiar with the matter. The U.S. private equity firm is in the early stages of... 