by Sebastian | Nov 23, 2020 | News, UKPEC
CBPE Capital has announced the final close of its latest fund, CBPE Capital Fund X. The oversubscribed fund surpassed its target of £525m and achieved its hard cap of £561 million in capital commitments. In a statement London-based CBPE said that the successful...
by Sebastian | Nov 23, 2020 | ITPEC, News
Milan-headquartered private equity firm Clessidra is preparing the launch of its fourth buyout fund before the end of the year, with a target of around €600m. Similar to its predecessor fund, the vehicle is generalist in terms of sector, but keeps its main focus on...
by Sebastian | Nov 23, 2020 | News
India’s online education startup Byju’s is said to be raising capital from investors including BlackRock Inc. and T. Rowe Price Group Inc. as demand for such classes skyrockets during the coronavirus pandemic. The round totaling about $200 million could close as early...
by Sebastian | Nov 23, 2020 | ITPEC, News
Italian home appliance maker De’ Longhi said on Monday it had agreed to buy U.S. home appliances maker Capital Brands Holdings Inc from private equity firm Center Lane Partners for around $420 million. De’ Longhi said the deal would make the United States its largest...
by Sebastian | Nov 23, 2020 | News, SPEC
Private equity firm Elliott Capital Advisors said on Monday it made a non-binding proposal to Aryzta’s board of directors on Nov. 18 to acquire all outstanding shares of the Swiss frozen baked goods maker, but Aryzta said discussions with the hedge fund had been...
by Sebastian | Nov 23, 2020 | News, UKPEC
The AA’s board has told two private equity groups it would be willing to accept a proposed 35p-a-share offer for the heavily indebted roadside recovery group, it said in a statement on Monday. The group is in last-ditch talks with Warburg Pincus and TowerBrook Capital...