by Sebastian | Dec 27, 2020 | News
More than three dozen retailers, including the nation’s oldest department store chain, filed for bankruptcy this year, marking an 11-year high. Pre-pandemic, several of these retailers were already teetering on the brink of survival. But the Covid health crisis...
by Sebastian | Dec 27, 2020 | News
Despite its status as a global private equity firm on a par with KKR and Carlyle, Apollo is a relatively unfamiliar name in Japan. Headquartered in a skyscraper on New York’s 57th Street, otherwise known as Billionaires’ Row, alternative investment manager Apollo...
by Sebastian | Dec 27, 2020 | News
Wrapping up 2020, this will certainly be a year to remember. Vaccines for Covid-19 are now coming out and we will soon have the privilege to sit back, take a deep breath and say “wow, what a year!” The cross-border M&A between the U.S. and Israel continued to be...
by Sebastian | Dec 27, 2020 | News
A private equity firm connected to Sir Terry Leahy is in talks to buy one of Britain’s biggest plumbing merchants. City sources said Clayton Dubilier & Rice – which employs the former chief executive of Tesco as an adviser – is one of three buy-out firms toughing...
by Sebastian | Dec 26, 2020 | News
In 2021, the gap between winners and losers in fashion is expected to widen further, creating the conditions for a wave of consolidation in the industry, according to a joint report by consulting firm McKinsey and trade publication Business of Fashion (BoF)....
by Sebastian | Dec 26, 2020 | News
Elon Musk said Friday that it’s now “impossible” to take Tesla private – even though doing so could lead to more innovation at the electric car maker. Tesla’s share price is nearly eight times higher than it was at the start of the year,...