by Sebastian | Feb 8, 2021 | News
HIG Europe has joined a pack of private equity bidders vying to buy the UK restructuring arm of KPMG. HIG is one of four parties shortlisted to acquire the business, which was put up for sale last year, Sky News first reported. It is understood Intermediate Capital...
by Sebastian | Feb 8, 2021 | News
Shares in used-car trading platform AUTO1 raced ahead in their stock exchange debut on Thursday, as Germany’s first big initial public offering of the year was snapped up by tech-hungry investors. The shares opened in Frankfurt at 55 euros a share – 45% above...
by Sebastian | Feb 8, 2021 | News
Australia’s Vocus Group on Monday said Macquarie’s funds had lodged a non-binding offer to acquire the fibre network owner for $2.62 billion and would open its book to the firm, sending its shares almost a fifth higher. The approach from Macquarie Infrastructure and...
by Sebastian | Feb 8, 2021 | News
A private equity consortium is threatening to abandon a £1.4bn deal to shake up Italian football’s broadcast rights amid uncertainty over the intentions of some of the league’s top clubs. Sky News has learnt that a group of investors including Advent...
by Sebastian | Feb 8, 2021 | News
Private equity firm TDR Capital has made a fourth offer for European investor and asset manager Arrow Global, TDR said on Monday, at a price of 305 pence per share. TDR’s three previous bids for Arrow, which buys defaulted customer accounts from retail banks and...
by Sebastian | Feb 8, 2021 | News
L Catterton, the private equity firm backed by luxury French fashion house LVMH, is starting to pull ahead in the bidding for iconic German sandal maker Birkenstock, people with knowledge of the matter said. Birkenstock’s owners are currently focusing on negotiations...