SumUp raises €1.5bn from private credit lenders led by Goldman

SumUp raises €1.5bn from private credit lenders led by Goldman

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...
Sycamore vies to take Nordstrom private

Sycamore vies to take Nordstrom private

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...
Advent Explores Deal to Take Over Oman’s OQ Chemicals

Advent Explores Deal to Take Over Oman’s OQ Chemicals

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...
Carlyle Group Acquires Four Self-Storage Properties for $110m

Carlyle Group Acquires Four Self-Storage Properties for $110m

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...
Blackstone to buy Preferred Apartment Communities in $5.8bn deal

Blackstone to buy Preferred Apartment Communities in $5.8bn deal

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...