by Sebastian | Sep 10, 2021 | ITPEC, News
U.S. private equity firm Carlyle is reviving plans to sell Netherlands-based lingerie chain Hunkemoller that were delayed by the pandemic, two people close to the matter told Reuters, in a deal that could top $1.2bn. Hunkemoller, which runs 850 stores around Europe,...
by Sebastian | Sep 10, 2021 | ITPEC, News
The New York-based private equity giant Blackstone Group Inc. has officially ended its bid to purchase office developer Soho China Ltd., according to a joint exchange filing by the two companies on Friday. The two property giants attributed the outcome to “the lack of...
by Sebastian | Sep 10, 2021 | ITPEC, News
Packable, the parent company of Pharmapacks, said Thursday it plans to go public through a merger with Highland Transcend Partners I Corp., a special purpose acquisition company. The deal will value the combined company at $1.55bn. Pharmapacks began as a...
by Sebastian | Sep 10, 2021 | ITPEC, News
Bill Gates’ private equity firm, Cascade Investment, is poised to take majority control of Four Seasons Hotels & Resorts as part of a $2.21bn deal. Four Seasons said Cascade has agreed to acquire half of a 47.5% percent stake currently owned by an affiliate...
by Sebastian | Sep 10, 2021 | ITPEC, News
Petrol station firm EG Group is mulling its options for the future, including putting itself up for sale with a price tag of $15bn, according to Bloomberg. EG Group, which is backed by the billionaire Issa brothers and private equity firm TDR Capital, is one of the...
by Sebastian | Sep 9, 2021 | ITPEC, News
Visma AS has secured investment from backers including Norway’s government pension fund and billionaire John Fredriksen’s Aeternum Capital, valuing the software group at $18.9 bn, according to people familiar with the matter. Singaporean wealth fund GIC Pte Ltd. and...
