Flipkart said on Monday it has raised $3.6bn at a post-money valuation of $37.6 billion in what is widely believed to be the pre-IPO round for the Indian e-commerce conglomerate as it works to list in the public markets as soon as early next year. The new round of...
Daily Mail and General Trust’s largest shareholder is considering taking the media group private in a potential £810m deal, it was announced on Monday. The firm said that Rothermere Continuation Ltd, which owns around 30%, had indicated it was prepared to make a...
Global private equity firm, CVC Capital Partners’ Fund VIII has acquired a majority stake in Aleph, a partner to the world’s biggest digital media players. The closing of the transaction is subject to customary conditions precedent, and is expected to...
Advent International, a Boston-based private equity firm, has been mentioned as a potential buyer for William Hill’s UK and European operations. According to The Times, Advent is one among a slew of companies interested in acquiring William Hill’s UK and European...
Tate & Lyle said on Monday it agreed to sell a controlling stake in its commercial sweeteners business to a U.S. private equity firm, in a deal that values the new standalone unit at $1.7bn including debt. One of the world’s biggest producers of sweeteners — Tate...
