by Sebastian | Sep 1, 2021 | News
Blackstone is planning an initial public offering for Building Materials Europe BV that could value the business at as much as $7.1bn, people familiar with the matter said. The private equity firm is working with Lazard Ltd. and plans to select underwriters for the...
by Sebastian | Sep 1, 2021 | News
Dayone Capital announced today the final closing of Dayone Capital Fund I L.P., its first US-denominated private equity fund, with a total capital commitment exceeding $630m, surpassing the initial fundraising target of 500m. As a debut fund, Dayone Fund I was...
by Sebastian | Sep 1, 2021 | News
Bernard Arnault, the French luxury goods billionaire, has divested his stake in Carrefour, just as the giant retail chain is yielding results. Arnault first invested in Carrefour with US private equity firm Colony Capital, according to Edge Markets, which saw France’s...
by Sebastian | Sep 1, 2021 | News
Apollo Global Management today announced that funds managed by its affiliates have completed the acquisition of Yahoo – formerly Verizon Media – one of the world’s premier global technology and media companies. With the close of the transaction, Yahoo will...
by Sebastian | Sep 1, 2021 | News
Private equity firm Thoma Bravo completed its $12.3bn acquisition of Proofpoint more than one month after the cybersecurity company’s shareholders approved the all-cash transaction. Proofpoint said Tuesday the deal completion signaled its transition from a publicly...
by Sebastian | Sep 1, 2021 | News
U.S. private equity firm Bain has taken a minority stake in Berlin Brands Group (BBG) as part of a $700m financing deal, which means the German e-commerce company joins the ranks of “unicorn” start-ups valued at $1bn or more. The Berlin-based company, which owns...
