by Sebastian | Jan 22, 2021 | News
Buyout group Triton is preparing the sale of its damage restoration services firm Polygon in a deal worth up to 1 billion euros ($1.21 billion), people close to the matter said. The private equity group is working with Jefferies on the potential divestiture, which is...
by Sebastian | Jan 22, 2021 | News
The fast-growing e-commerce business was the subject of a costly fight between Neiman, its private equity owners and its creditors that started with the 2018 spinoff and continued into the company’s bankruptcy last year. The initial public offering far exceeded the $1...
by Sebastian | Jan 22, 2021 | News
Japanese cosmetics firm Shiseido Co Ltd said on Friday it was in talks to sell its lower-priced skincare and shampoo lines to private equity firm CVC Capital Partners in a deal reported to be valued at over $1.45 billion. Shiseido said it was in talks to sell its...
by Sebastian | Jan 21, 2021 | News
Private equity fund HitecVision and its British unit Neo have entered exclusive negotiations to buy Exxon’s upstream assets in the central and northern North Sea, Hitec said on Thursday. Bids for ExxonMobil’s British North Sea oil and gas fields, which were expected...
by Sebastian | Jan 21, 2021 | News
UK-based CDC Group, a development finance and impact investor, has committed to making over $1bn in investments into Africa this year, the same amount targeted in 2020. The group will put money into financial institutions, infrastructure and climate, services,...
by Sebastian | Jan 21, 2021 | News
One of Donald Trump’s biggest financial backers, Blackstone Group Chairman Stephen Schwarzman, declared that the Biden administration would take a “softer tone” regarding China, and that he expected less animosity between the two countries. Schwarzman, who also...
