Apollo Global Management and Sixth Street Partners, which had been looking to provide financing for Elon Musk’s proposed $44bn buyout of Twitter, are no longer in talks with the billionaire entrepreneur, said two sources familiar with the matter. Apollo had been...
Nestlé has finalised the sale of France-based mashed-potato business Mousline. Local investor FnB Private Equity has acquired the assets for an undisclosed sum. Nestlé announced in November last year it was weighing up the future of Mousline and was working to...
Brookfield Asset Management is in advanced talks to acquire Hong Kong-based clothing label maker Trimco Group from buyout firm Affinity Equity Partners, according to people familiar with the matter. The investment firms are hammering out the details of a transaction...
Africa has scored one of its strongest six months of private equity and venture capital investment ever, with $4.7bn of new capital flowing into companies in the continent. More than 330 PE and VC deals were done in the first half of 2022, research from industry body...
Alternatives investment major Investcorp has bought a majority stake in Sunrise Produce, a wholesale produce distribution company based in Southern California. The 31-year-old business provides customers across the specialty and white tablecloth restaurant and resort,... 