by Sebastian | Dec 6, 2020 | News
Blackstone has made its fourth major real estate acquisition in Japan this year, bringing its combined spending on property assets in the country to more than JPY 540 billion ($5.2 billion). The US private equity giant has spent about JPY 110 billion to buy a...
by Sebastian | Dec 5, 2020 | News
BC Partners LLP, a London-based alternative investment firm, is considering selling its 47% stake in Springer-Verlag GmbH (Springer Nature), a Berlin-based publishing firm and a portfolio company of the British buyout firm, to a new fund that BC Partners will form,...
by Sebastian | Dec 5, 2020 | News
The proposed $540 million sale of women’s clothing retailer Ann Taylor and related brands to private equity firm Sycamore Partners is facing opposition from the U.S. Department of Justice’s bankruptcy watchdog, which says the sale process is being conducted too...
by Sebastian | Dec 5, 2020 | News
United Airlines Holdings Inc said on Friday it was seeking shareholder approval for a rights offering as part of a plan to thwart any hostile takeover moves and preserve a $8.2 billion tax benefit. Chicago-based United said it had net federal operating loss...
by Sebastian | Dec 4, 2020 | News
Private equity firm L Catterton has invested $150 million in Function of Beauty, a maker of customizable hair and body care products that has long been on the radar of Connecticut investors. L Catterton’s “strategic minority investment” will accelerate the...
by Sebastian | Dec 4, 2020 | News
Thomas H. Lee Partners has bought itself more time to manage an investment in wealth-advisory firm Hightower Advisors LLC through a secondary transaction with investors that include Goldman Sachs Group Inc. The size of the deal ranges between $700 million and $800...
