by Sebastian | Jun 15, 2021 | News
Crown Resorts said on Tuesday Oaktree Capital Group had offered it $2.39bn to buyback its founder’s holding, in a deal that would give the private-equity giant a 10% stake in Crown. The latest proposal from Oaktree is for a A$2 billion private loan and a A$1.1 billion...
by Sebastian | Jun 14, 2021 | News
Private equity firms Blackstone and Vista Equity Partners announced that they have agreed to acquire Ellucian, a leading higher education technology solutions provider, from TPG Capital and Leonard Green & Partners, L.P. Financial terms of the transaction were not...
by Sebastian | Jun 14, 2021 | News
Apollo Global Management has announced that entities, clients and funds managed by its affiliates have committed to invest up to $500 million in senior secured credit facilities originated by Victory Park Capital, a global investment firm with an extensive track...
by Sebastian | Jun 14, 2021 | News
Esken Limited the owner of Southend Airport is in late-stage talks about a cash injection from private equity firm Carlyle. The group announced the closure of Stobart Air at the weekend after a planned sale fell through but said today it was in talks with an unnamed...
by Sebastian | Jun 14, 2021 | News
Online bulk grocery retailer Boxed Inc said on Monday it would go public through a merger with blank-check firm Seven Oaks Acquisition, in a deal valuing the equity of the combined firm at around $900 million. The transaction is expected to provide Boxed with about...
by Sebastian | Jun 14, 2021 | News
Sweden-based lithium-ion battery manufacturer Northvolt has signed a $2.75bn private placement to finance to expand its battery cell production capacity and research and development efforts. The annual production capacity of Northvolt’s first gigafactory, Northvolt...