Zooplus on Thursday confirmed takeover talks with financial investor EQT, three weeks after the German pet supplies retailer announced a $3.6bn bid from U.S. private equity firm Hellman & Friedman. Zooplus said the outcome of the talks with EQT were still open and...
Private equity’s push into professional sports investing initially appeared to be a slam dunk. But investors have recently faced increasing pushback as they attempt to establish themselves in the elite world of pro sports team and league ownership. Over the past...
Bahrain-based Investcorp said on Thursday it had generated an enterprise value of $4bn from the recent sale of two North American businesses – workforce management firm PRO Unlimited and Arrowhead Engineered Products. “We confirm that the aggregate...
Private equity firm Pollen Street Capital has acquired a majority stake in Irish mobile top-up service provider Ding in a €300m deal. While no financial details surrounding the transaction have been publicly disclosed, industry sources estimate the equity value at...
Swedish Orphan Biovitrum (SOBI) said on Thursday it had received a bid from U.S. private equity firm Advent International and Aurora Investment valuing the rare disease drugmaker at about $8bn. SOBI’s stock, already up 15% so far this year, rose 24.6% to 239 crowns...
