UK’s Capita in exclusive talks with PE firm Montagu for ESS sale

UK’s Capita in exclusive talks with PE firm Montagu for ESS sale

British outsourcer Capita Plc said on Friday it was in exclusive talks with private equity firm Montagu over the potential sale of its standalone Education Software Solutions (ESS) business. The company, which has been trying to sell some non-core assets, had expected...
3G asks investors for more time to find next megadeal

3G asks investors for more time to find next megadeal

3G Capital, which invests alongside Warren Buffett, is seeking to hold on to its investors’ money for longer as coronavirus uncertainty and sky-high valuations delay its next megadeal, say people briefed about the matter. The Brazilian-US investment group behind Kraft...