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...
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...
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...
Top website builder and web hosting company Squarespace has revealed it will go after a direct listing this year rather than a traditional initial public offering, according to a Bloomberg report citing people familiar with the matter. Private-equity firm General...
Audio-chat app Clubhouse closed a new Series C round of financing, the company said during its weekly town hall on Sunday, without disclosing the amount raised. A source familiar with the matter confirmed to Reuters that the new financing would value the company at $4... 