Another week and the biggest story in a sea of big stories continues to center on SPACs, these blank-check companies that raise capital through IPOs expressly to acquire a privately held company and take it public. But some industry watchers as starting to wonder: Is...
The billionaire owners of Asda are trying to launch an audacious raid on Caffè Nero by buying part of its £350 million debt pile. Brothers Mohsin and Zuber Issa have reportedly approached lenders to the coffee chain seeking to build a position that would allow them...
Two blank-check companies, backed by billionaire Paul Singer’s hedge fund Elliott International Ltd, have filed for initial public offerings of up to $1.5 billion, their regulatory filings showed on Friday. Elliott Opportunity I Corp said it aimed to raise up to $1...
Sky News has learnt that Apollo is among a number of parties in discussions with Greensill Capital, a London-based firm set up by Lex Greensill a decade ago, about a multibillion dollar deal. City sources said this weekend that the talks with Apollo primarily related...
The private equity owner of French car parts group Autodis has hired banks to resume plans for a share sale in Paris in a bid to take advantage of strong investor demand in the busiest-ever start to a year for stock listings, sources told Reuters. U.S. buyout firm...