by Sebastian | Sep 27, 2021 | News
Swedish electric-car maker Polestar said on Monday it will go public by merging with a U.S.-listed blank-check firm backed by billionaire Alec Gores and investment bank Guggenheim Partners at an enterprise value of $20bn. The deal comes at a time when large SPAC...
by Sebastian | Sep 27, 2021 | News
Billionaire Tom Gores’ Beverly Hills-based Platinum Equity has agreed to sell PCI, an electronics manufacturing services provider based in Singapore, to a Canadian buyer for $306m in cash. The deal to sell PCI to Celestica Inc., a Toronto-based manufacturing and...
by Sebastian | Sep 27, 2021 | News
European stock market listings have come back with a bang after the summer lull but blank cheque firms are nowhere to be seen. So far this quarter, 42 initial public offerings (IPOs) in Europe have raised $8.5 billion, the highest amount for a decade, but there...
by Sebastian | Sep 27, 2021 | News
Private equity firm ChrysCapital is set to launch a fresh fund targeting to mobilise as much as $1.2bn, looking to take advantage of a flow of institutional investment to benefit from an expected post-pandemic economic spurt in the country. The new fund, the ninth...
by Sebastian | Sep 26, 2021 | News
Politicians on both sides of the Atlantic who have long argued that the government should carve a larger slice out of private equity and venture capital profits could be closer to getting their way. The end result could not only eat into private equity profits but...
by Sebastian | Sep 26, 2021 | News
Golf surged in popularity in 2020 by nearly every metric, as people sought out the socially distanced outdoor activity amid the pandemic. More than 24.8 million people played golf in the U.S. in 2020, up more than 2% year-over-year and the largest net increase in 17...
