by Sebastian | Nov 19, 2020 | ITPEC, News
Italy’s top-flight Serie A soccer league moved closer to selling a stake in its media business to boost virus-hit revenues when it agreed on Thursday to accept a 1.7 billion euro ($2 billion) offer from a private equity consortium. At a meeting in Rome, all 20 clubs...
by Sebastian | Nov 16, 2020 | ITPEC, News
Leading global investment firm KKR today announced an investment in CMC Machinery, a manufacturer of automated packaging solutions in Italy. Financial details of the transaction were not disclosed. Founded in 1980 and headquartered in Città di Castello, CMC Machinery...
by Sebastian | Nov 16, 2020 | FPEC, ITPEC, News
Italian pharmacy network Hippocrates Holding said on Monday that private equity firm Antin Infrastructure Partners had agreed to take an 80% stake in the company. The pharmacy group short-listed four bidders in October for its network of pharmacies with the aim of...
by Sebastian | Nov 15, 2020 | ITPEC, News, NPCD
Italian payments processor Nexi SpA agreed to buy private equity-owned rival Nets A/S, a month after purchasing a state-backed competitor and creating one of Europe’s biggest payment providers. The all-share deal values Copenhagen-based Nets at 7.8 billion euros ($9.2...
by Sebastian | Nov 13, 2020 | ITPEC, News
CVC Capital Partners and Advent International want to add a “breakaway” clause to their €1.6bn deal to buy into Italy’s Serie A football competition to protect their investment if a rival European super league is launched. The two private equity firms are part of a...
by Sebastian | Nov 12, 2020 | ITPEC, News, NPCD
British engineering company Rolls-Royce said shareholders signed up for 94% of new shares it issued as part of a 2 billion pound ($2.64 billion) rights issue to bolster its finances after the pandemic stopped planes flying. Rolls-Royce said on Thursday that the...
