by Sebastian | Dec 7, 2020 | News
U.S.-listed gaming group IGT said on Monday it had agreed to sell its Italian gaming machine, sports betting and digital gaming businesses to Apollo’s Gamenet Group for 950 million euros ($1.2 billion) in cash. The deal values the two businesses – Lottomatica...
by Sebastian | Dec 7, 2020 | News
German perfume retailer Douglas is preparing for a financial restructuring in 2021 as the COVID-19 pandemic hits its business and its debt nears maturity, two people familiar with the matter said. Once the important Christmas season is over, the company will kick off...
by Sebastian | Dec 7, 2020 | News
General Atlantic-backed e-commerce firm Wish said on Monday it expects to raise up to $1.1 billion in its initial public offering (IPO), joining a host of companies rushing to take advantage of investor appetite for new listings. The San Francisco-based bargain...
by Sebastian | Dec 7, 2020 | News
The New York-based buyer has reached agreement with Seacor management for an all-cash transaction, including net debt. It will commence a tender offer to acquire all Seacor’s shares for US$41.5 per share in cash, which represents a premium of about 14% to the...
by Sebastian | Dec 7, 2020 | News
Link Administration Holdings on Monday received a higher A$3.02 billion ($2.24 billion) buyout proposal from SS&C Technologies Holdings Inc, pitting the U.S. software provider against a Carlyle Group-led consortium in the race to buy the shareholder registry firm....
by Sebastian | Dec 7, 2020 | News
Private equity gets lots of attention for gobbling up assets of all types, from fast-food chains to red-hot tech companies. Less fanfare perhaps has followed the industry’s growing hunger for, of all things, warehouses and other industrial real estate. With...
