Oaktree and Blackstone in battle for Australia’s Crown

Oaktree and Blackstone in battle for Australia’s Crown

Oaktree Capital Group has proposed funding a $2.3 billion buyback by Australia’s Crown Resorts Ltd of its founder’s stake, setting up a clash with rival Blackstone Group for the troubled casino firm’s future. Private equity giant Oaktree’s...
US buyout firm Siris Capital plots fresh £600m tilt at Equiniti

US buyout firm Siris Capital plots fresh £600m tilt at Equiniti

An American private equity firm is on the verge of making a fifth bid approach for Equiniti, the FTSE-250 company which handles share registrar and other back-office services for some of Britain’s biggest businesses. Sky News has learnt that Siris Capital is...
Asda’s billionaire owners close in on Caffe Nero takeover

Asda’s billionaire owners close in on Caffe Nero takeover

The billionaire brothers behind Asda are said to be closing in on a takeover deal for Caffe Nero after buying up the ailing coffee chain’s debts. Mohsin and Zuber Issa have bought roughly £140m of loans from Swiss private equity firm Partners Group via investment bank...