Elliott Weighs Bid for Struggling Swiss Baker Aryzta

Elliott Weighs Bid for Struggling Swiss Baker Aryzta

Billionaire Paul Singer’s Elliott Management Corp. is exploring a bid for Aryzta AG, the ailing Swiss baking company that makes Otis Spunkmeyer cookies, people familiar with the matter said. The U.S. investment firm has been studying a potential offer for Aryzta,...
Warburg Pincus Seeks $2.5 Billion for New Financial Sector Fund

Warburg Pincus Seeks $2.5 Billion for New Financial Sector Fund

Warburg Pincus is seeking to raise $2.5 billion for its second fund dedicated to financial sector deals, according to a person with knowledge of the matter. The private equity firm has begun preliminary discussions with investors about the WP Financial Sector II fund,...
Accel-KKR Makes Majority Growth Investment in Navtor

Accel-KKR Makes Majority Growth Investment in Navtor

NAVTOR, the leading provider in navigational software for the maritime industry, today announced that it has received a majority growth investment from Accel-KKR, a leading global software-focused investment firm headquartered in Silicon Valley.   The investment also...
Walmart Sells Two More E-Commerce Brands in Digital Reshuffle

Walmart Sells Two More E-Commerce Brands in Digital Reshuffle

Walmart Inc. is divesting two more of its online brands, continuing its strategy of jettisoning some of the digital assets it has acquired in recent years to focus on its main website. The world’s biggest retailer is selling footwear website Shoes.com to...
This week’s top Private Equity news

This week’s top Private Equity news

1. Goldman Plans to Raise About $2 Billion For a New Venture Fund Goldman Sachs is planning to raise a venture and growth fund of around $2 billion, a move that would make it a bigger player in the competitive world of technology investing, according to people...