LDC Exits Cakesmiths with 3x Return

LDC Exits Cakesmiths with 3x Return

LDC, the private equity investor which is part of Lloyds Banking Group, has agreed to exit its investment in Cakesmiths to leading European player in frozen pastries and snacking products Onore (previously known as Boncolac). During the two-year partnership,...
Embattled Farfetch Seeks $500m Apollo Bailout

Embattled Farfetch Seeks $500m Apollo Bailout

Embattled luxury retailer Farfetch is reportedly in talks with private equity giants mainly Apollo Global Management, over a fundraising package. The London-headquartered firm is having a torrid time on New York’s public markets after announcing it wouldn’t publish...