by Sebastian | Nov 24, 2020 | DPEC, GPEC, News
Germany’s elite soccer body has attracted fresh private equity interest in its overseas media rights, as cash-hungry European leagues explore ways to unlock value from the world’s most popular sport. Advent International and BC Partners are among suitors that have...
by Sebastian | Nov 24, 2020 | News
The biggest private equity firms in the U.S. are unleashing a flurry of new leveraged buyouts and debt-funded dividends, seeking to make up for lost time after staying on the sidelines for much of 2020. From Blackstone Group Inc. to KKR & Co., firms have been...
by Sebastian | Nov 24, 2020 | News
European insurers have weathered the crucible of the coronavirus pandemic and are ready to do some deals. Last week a Canadian and Danish insurance consortium agreed to buy the UK’s RSA Insurance Group for £7.2bn. And on Friday, 20 November, Zurich Insurance...
by Sebastian | Nov 24, 2020 | News
Spice maker McCormick & Co Inc MKC.N said on Tuesday it would buy hot-sauce maker Cholula’s parent from private equity firm L Catterton for $800 million, as it looks to cash in on robust demand for packaged foods during the COVID-19 pandemic. Several food...
by Sebastian | Nov 24, 2020 | News, SPEC
Credit Suisse expects to take a roughly $450 million impairment on alternative investment firm York Capital Management’s retreat from its core hedge funds business, the Swiss bank said. The Wall Street Journal on Monday reported the New York-based firm had informed...
by Sebastian | Nov 24, 2020 | News
Midmarket private-equity firm Charlesbank Capital Partners is picking up commitments for its 10th flagship vehicle and a related overage fund, after corralling almost $1.4 billion across its debut technology and second credit funds earlier this year. The Boston-based...
