UPDATE: Blackstone-Backed Oatly Files for IPO

UPDATE: Blackstone-Backed Oatly Files for IPO

Oatly Group AB has formally filed paperwork Monday for an initial public offering in the U.S., nine months after private-equity giant Blackstone Group Inc. and a handful high-profile celebrities took a stake in the oat milk producer. The Malmö, Sweden-based company...
Italy’s Etro is Considering Interest From L Catterton

Italy’s Etro is Considering Interest From L Catterton

Italian fashion group Etro said on Monday it was assessing possible partnerships to drive future growth after reports of interest from buyout firm L Catterton. A source close to the matter earlier on Monday told Reuters the Milan-based luxury brand was considering an...
Hertz Bankruptcy Bidding War Heats Up With New Counteroffer

Hertz Bankruptcy Bidding War Heats Up With New Counteroffer

A bidding war over Hertz Global Holdings Inc. intensified as previously outbid investors returned to the table with a counteroffer for the bankrupt car-rental company, backed by Apollo Global Management Inc. and existing Hertz shareholders. Investment firms Knighthead...
PE-backed EG Group buys restaurant chain Leon for £100m

PE-backed EG Group buys restaurant chain Leon for £100m

EG Group, the petrol station business whose billionaire founders have pushed for rapid growth through debt-fuelled acquisitions, has bought healthy fast-food chain Leon for £100m as it expands into food retailing. Mohsin and Zuber Issa said the deal to acquire...
PE Firm Whitehorse Closes Fourth Secondary Fund at $4 Billion

PE Firm Whitehorse Closes Fourth Secondary Fund at $4 Billion

Secondary investor Whitehorse Liquidity Partners has collected $4 billion for its fourth fund, blowing past its target of $3 billion. The fund, Whitehorse Liquidity Partners IV LP, is double the size of its predecessor, which closed on $2 billion in October 2019. Of...