by Sebastian | Sep 2, 2021 | News
Private equity firm Pollen Street Capital has acquired a majority stake in Irish mobile top-up service provider Ding in a €300m deal. While no financial details surrounding the transaction have been publicly disclosed, industry sources estimate the equity value at...
by Sebastian | Sep 2, 2021 | News
Swedish Orphan Biovitrum (SOBI) said on Thursday it had received a bid from U.S. private equity firm Advent International and Aurora Investment valuing the rare disease drugmaker at about $8bn. SOBI’s stock, already up 15% so far this year, rose 24.6% to 239 crowns...
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...