by Sebastian | Oct 10, 2022 | ITPEC, News
New York-based private equity and investment firm Insight Partners will acquire a minority stake in Aptean. Financial details on the deal were not disclosed but the minority stake would value the company at about $3.55 billion, according to a source familiar with the...
by Sebastian | Oct 6, 2022 | ITPEC, News
Apollo Global Management and Sixth Street Partners, which had been looking to provide financing for Elon Musk’s proposed $44bn buyout of Twitter, are no longer in talks with the billionaire entrepreneur, said two sources familiar with the matter. Apollo had been...
by Sebastian | Oct 6, 2022 | ITPEC, News
Nestlé has finalised the sale of France-based mashed-potato business Mousline. Local investor FnB Private Equity has acquired the assets for an undisclosed sum. Nestlé announced in November last year it was weighing up the future of Mousline and was working to...
by Sebastian | Oct 4, 2022 | ITPEC, News
Elon Musk is proposing to go ahead with his original offer of $44bn to take Twitter private, a securities filing showed on Tuesday, signaling an end to a legal battle that could have forced Musk to pay up. An agreement would put the world’s richest person in...
by Sebastian | Oct 3, 2022 | ITPEC, News
In the five years since CVC Capital Partners bought control of Breitling AG, the company has more than quadrupled its equity value and is on the cusp of re-joining the Top 10 Swiss brands of luxury watches. Now Georges Kern, who gave up a top job at luxury emporium...
by Sebastian | Sep 29, 2022 | ITPEC, News
Apax Partners, Three Hills Capital Partners, Carlyle Group and Searchlight Capital have approached Serie A expressing interest in investing in the media business of Italy’s top flight soccer league The approach by the four private equity firms comes after Serie...
