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...
Abu Dhabi’s biggest sovereign fund is in talks with U.S. firm KKR to invest in Telecom Italia’s (TIM) last-mile network in a deal that has drawn scrutiny from Italy’s government, three sources close to the matter told Reuters. Rome typically welcomes foreign...
The coronavirus pandemic is spurring deal opportunities in Italy’s luxury hotel sector as international travel restrictions aggravate financial woes. Italy is the only European country with more than 1m hotel rooms and big chains account for only 5 per cent of them,...
Milan-headquartered private equity firm Clessidra is preparing the launch of its fourth buyout fund before the end of the year, with a target of around €600m. Similar to its predecessor fund, the vehicle is generalist in terms of sector, but keeps its main focus on...
Italian home appliance maker De’ Longhi said on Monday it had agreed to buy U.S. home appliances maker Capital Brands Holdings Inc from private equity firm Center Lane Partners for around $420 million. De’ Longhi said the deal would make the United States its largest... 