Advent, Centerbridge Seek to Buy Aareal Bank for $2bn

Advent, Centerbridge Seek to Buy Aareal Bank for $2bn

Advent International and Centerbridge Partners offered to buy Aareal Bank AG, the German commercial real estate lender that’s been under pressure from activist investors. The private equity firms offered 29 euros per share, valuing the company at 1.74 billion euros...
Authentic Brands Raises $3.5bn, Pushes Back IPO

Authentic Brands Raises $3.5bn, Pushes Back IPO

The company behind brands such as Brooks Brothers, Eddie Bauer and Sports Illustrated magazine plans to delay its initial public offering after getting a big new investment from two private equity firms. Authentic Brands Group, which develops and licenses its brands...