by Sebastian | May 3, 2024 | News
London-based card reader maker SumUp has secured a €1.5bn private credit loan package from a group of lenders led by Goldman Sachs. Other participants include BlackRock, Apollo Global Management, Oaktree Capital Management and Vista Credit Partners. According to a...
by Sebastian | May 3, 2024 | News
Sycamore Partners is one of the buyout equity firms that have expressed interest in taking U.S. department store Nordstrom private, according to people familiar with the matter. Nordstrom said last month that CEO Erik Nordstrom and his brother Pete, the...
by Sebastian | May 3, 2024 | News
Advent International is in talks with Oman about a potential move to inject fresh capital into OQ Chemicals in exchange for a majority stake in the company, people familiar with the matter said. The private equity firm is proposing to provide as much as $250 million...
by Sebastian | May 3, 2024 | News
Private equity firm The Carlyle Group has expanded its real estate portfolio with the acquisition of four self-storage facilities in the outer boroughs of New York City. The facilities, located in Queens and Brooklyn, were purchased for a total of $110.4 million from...
by Sebastian | May 3, 2024 | News
Preferred Apartment Communities Inc said on Wednesday a Blackstone Inc unit would buy it in a $5.8 billion deal, as the world’s biggest alternate asset manager ramps up investments in the red-hot U.S. housing sector. Blackstone Real Estate Income Trust’s...
by Sebastian | May 3, 2024 | News
GERMAN engineering conglomerate Thyssenkrupp saw its share price rise more than 10% after announcing a major partnership with Czech billionaire Daniel Křetínský. Křetínský’s private holding company EP Corporate Group (EPCG) has acquired a 20% stake and are negotiating...
