by Sebastian | Nov 28, 2023 | News
Southport-based asset management company Seventy Ninth Group has agreed terms to buy two holiday parks in Scotland for acquisition and subsequent redevelopment. Seventy Ninth Group is planning to build up to 700 holiday lodges across two sites, with the projects...
by Sebastian | Nov 28, 2023 | News
Castlelake LP, which has about $22bn in assets under management, is exploring options including a sale, according to people with knowledge of the matter. The firm, founded in 2005 by co-Chief Executive Officers Rory O’Neill and Evan Carruthers, is mulling selling a...
by Sebastian | Nov 28, 2023 | News
Lotus Technology, the electric vehicle arm of British sports car brand Lotus, has secured $870m of financing commitments this year before its planned listing on the Nasdaq via a special purpose acquisition company, the firm controlled by Chinese car giant Geely...
by Sebastian | Nov 28, 2023 | News
BMI didn’t put a specific price on New Mountain Capital’s takeover in its confirmation last week, but sources have previously put the acquisition price in New Mountain Capital’s offer at around $1.7bn. US radio giant iHeartMedia is lined up for a $100m windfall from...
by Sebastian | Nov 28, 2023 | News
Fashion company Shein has confidentially filed to go public in the United States, according to two sources familiar with the matter, in what is likely to be one of the most valuable China-founded companies to list in New York. Goldman Sachs, JPMorgan Chase and Morgan...
by Sebastian | Nov 28, 2023 | News
British investment firm Digital 9 Infrastructure (D9) initiated a strategic review of its portfolio on Monday and said it had agreed to sell its stake in data group Verne Global for $575m as it seeks to cut debt and boost its finances. D9 in October, had said it was...
