by Sebastian | May 14, 2021 | News
British consumer goods company Reckitt Benckiser Group has shortlisted bidders including Bain Capital, Carlyle Group and dairy producer Yili to submit binding offers for its Greater China infant formula business, sources said. The group has hired Morgan Stanley to run...
by Sebastian | May 14, 2021 | News
Avance Investment Management, a private equity firm formed last year by executives who worked together at Palladium Equity Partners, wants to increase the upper fundraising limit on its debut vehicle to $1bn, according to Mark Evans, principal investment officer at...
by Sebastian | May 13, 2021 | Nasdaq, News
Perceptive Advisors, an investment management firm focused on the life sciences sector, has held the first and final closing of Perceptive Xontogeny Venture Fund II (PXV Fund II) with $515m in capital commitments. The close of PXV Fund II more than triples the...
by Sebastian | May 13, 2021 | Nasdaq, News
Ralph Lauren Corp will sell high-end apparel brand Club Monaco to private equity firm Regent LP for an undisclosed amount, as the apparel retailer doubles down on its eponymous label. The sale of upscale casual wear brand Club Monaco, established in 1985 and bought by...
by Sebastian | May 13, 2021 | Nasdaq, News
British inspection and product testing company Intertek Group agreed on Thursday to buy SAI Global Assurance for $660m, as it builds market share in Australia, North America, the UK and China. SAI Global Assurance, which is indirectly owned by private equity firm...
by Sebastian | May 13, 2021 | Nasdaq, News
Advent International is exploring options including a potential sale for its stake in ASK Group, an Indian investment and wealth management firm, according to people familiar with the matter. The buyout firm is working with Nomura Holdings Inc. on a possible deal,...