by Sebastian | Mar 11, 2023 | News
Permira, the global private equity firm, today announced the final close of its latest flagship buyout fund, Permira VIII, with total capital commitments of €16.7bn. The Fund saw strong demand from investors, closing above its target size of €15bn, which represents a...
by Sebastian | Mar 11, 2023 | News
Private equity firms that have for years capitalized on the regulatory woes of banks by becoming lenders to risky leveraged buyouts are doing less business just as higher interest rates have made that practice more lucrative. Buyout firms with direct lending...
by Sebastian | Mar 11, 2023 | News
Bed Bath & Beyond said on Wednesday it had raised another $135m in an equity offering and was in the process of rebuilding its business after teetering on the brink of bankruptcy. The retailer has so far raised $360m out of the roughly $1bn that it planned in a...
by Sebastian | Mar 11, 2023 | News
Italy’s Serie A will on Monday ask its 20 clubs whether they want to kick-off a process to study proposals by private equity firms and banks interested in investing in the top flight soccer league’s media business, a document seen by Reuters showed. The...
by Sebastian | Mar 11, 2023 | News
Virgin Australia is in talks with banks for a loan of up to $296.4m to pay its private equity owner Bain Capital before the airline’s re-listing planned for later this year, two sources with direct knowledge of the matter said. Australia’s second largest...
by Sebastian | Mar 11, 2023 | News
Australian funeral services provider InvoCare said on Tuesday it received a non-binding takeover offer from U.S. private equity firm TPG Global for $1.22bn, sending its shares 39.1% higher. Shares of InvoCare soared to A$12.450 and were set to post a record jump after...
