by Sebastian | Oct 4, 2021 | News
Private equity to private equity deals, whereby groups sell UK companies to each other, have jumped by 44% in the past year, as firms rush to please investors and deploy capital accumulated during the coronavirus crisis. The number of so-called “PE to PE” deals...
by Sebastian | Oct 2, 2021 | News
Clayton, Dubilier & Rice (CD&R) has won the auction for Morrisons with a $9.5bn bid, paving the way for the U.S. private equity firm to take control of Britain’s fourth-biggest supermarket group. The Takeover Panel, which governs M&A deals in the UK...
by Sebastian | Oct 2, 2021 | News
Enterprise software developer Informatica Inc on Friday filed for an initial public offering in the United States, paving the way for a return to the public markets more than six years after being taken private in a $5.3 billion deal. The Redwood City,...
by Sebastian | Oct 2, 2021 | News
Swedish cloud communication services provider Sinch said on Thursday it had agreed to buy cloud-based email delivery platform Pathwire in a cash-and-stock deal worth about $1.9bn. Sinch, which counts SoftBank and Temasek among its investors, will pay the sellers $925m...
by Sebastian | Oct 2, 2021 | News
Coty Inc said on Friday it would swap around 9% of its stake in professional beauty business Wella with KKR & Co Inc for some of the cosmetic maker’s shares the U.S. buyout firm owns, valuing the deal at $426.5m. The deal cuts Coty’s stake in Wella to around...
by Sebastian | Oct 1, 2021 | News
Orlando Bravo, the co-founder of American private equity firm Thoma Bravo has batted in favor of cryptocurrencies, predicting a glowing future for digital assets. Bravo revealed his crypto-related projections at CNBC’s Delivering Alpha conference held earlier...
