by Sebastian | Aug 16, 2021 | News
Hyatt Hotels Corp. plans to buy resort company Apple Leisure Group from its private-equity owners for $2.7bn. The deal for the company, which is owned by KKR & Co., and travel-and-leisure specialist KSL Capital Partners LLC, was announced after The Wall Street...
by Sebastian | Aug 16, 2021 | News, UKPEC
Future PLC acquired Dennis, a consumer media company that publishes titles including Kiplinger, MoneyWeek, The Week and IT Pro, from Exponent Private Equity LLP for around £300m in cash. Future, a U.K. media group that houses brands like Marie Claire, TechRadar and...
by Sebastian | Aug 16, 2021 | News, UKPEC
CD&R is gearing up to place its counter-bid to the leading £10bn Fortress offer for Wm Morrison supermarkets CD&R planted the seed for the ongoing private equity bidding war for the British supermarket in June, when it placed a 230p per share offer for its...
by Sebastian | Aug 15, 2021 | News
The GPT Group is paying Ascot Capital a speculated $850m for a portfolio of 28 investments. Containing a total lettable area of over 200,000 square metres, the properties – 24 warehouses and four offices – earn annual income of about $36m. The sale price reflects a...
by Sebastian | Aug 15, 2021 | News
Israeli medical-device company Memic Innovative Surgery on Friday unveiled plans to go public through a combination with blank-check company MedTech Acquisition Corp. The companies said the transaction gives Memic a pro-forma equity value topping $1bn, with roughly...
by Sebastian | Aug 15, 2021 | News, SEAPEC
Hinduja Global Solutions (HGS), the business process management arm of the multibillion-dollar Hinduja Group conglomerate, said it has entered into a definitive agreement to divest its healthcare services business to funds affiliated with Baring Private Equity Asia...
