by Sebastian | Aug 10, 2021 | News
Blackstone Group, Apollo Global Management and KKR are among lenders providing a $1.8bn loan to back Thoma Bravo’s leveraged buyout of Medallia, the latest in a series of giant-sized deals in the direct-lending market over the past few weeks. The unitranche loan...
by Sebastian | Aug 10, 2021 | News
A consortium led by private equity firm CBC Group is in advanced talks to acquire Bain Capital’s controlling stake in Seoul-listed cosmetic pharmaceutical company Hugel Inc., according to people familiar with the matter. The investor group could include a South Korean...
by Sebastian | Aug 10, 2021 | News
2021 is a record breaking year for private equity deals in the UK, as ‘corporate raiders’ target cheap British companies on the stock market. Low interest rates have created a dream environment for private equity, which typically relies on borrowing to...
by Sebastian | Aug 10, 2021 | News
The Australian investment bank Macquarie has returned to the UK water industry – four and a half years after leaving Thames Water saddled with debt – buying a majority stake in Southern Water for more than £1bn. The infrastructure investor promised to put the utility...
by Sebastian | Aug 9, 2021 | News
Deutsche Post AG has joined the bidding for German alcohol logistics company Hillebrand, according to people familiar with the matter. The German delivery group has entered discussions with Hillebrand’s owner, private equity firm Cobepa, about a potential acquisition,...
by Sebastian | Aug 9, 2021 | News
Blackstone Group plans to buy Canada’s WPT Industrial REIT for $3.1bn as the private equity giant aims to capitalize on the pandemic’s major shift to e-commerce by acquiring dozens of warehouses and distribution centres. A Blackstone REIT will pay WPT unitholders...
