Largest takeovers do not always generate the biggest returns When a group of private equity firms struck a €17.2bn deal to buy Thyssenkrupp’s lifts business last month — even as global stocks whipsawed on fears about the coronavirus outbreak — it became one of the...
The billionaire co-owner of the Ritz in London, Frederick Barclay, said suitors have submitted “a number of competing offers” in excess of one billion pounds ($1.3 billion) for the hotel, the Press Association reports, citing a statement. “There is no place for any...
More than 250 private equity firms operating in France have pledged that women will make up 40% of their investment teams within a decade, according to the country’s leading industry association. The companies also committed to putting women in at least a quarter of...
Sovereign wealth fund investment in venture capital deals slipped to its lowest level in six years in 2019, with the drop-off deepening in the months after WeWork’s planned share sale failed, data showed on Friday. Sovereign wealth-backed venture capital rounds fell...
Swiss Firmenich has agreed to buy Les Dérivés Résiniques et Terpéniques (DRT), which specialises in plant-based chemistry, from private equity group Ardian, Tikehau Capital and family shareholders, the flavours and fragrances group said on Friday. It gave no financial... 