by Sebastian | Jul 19, 2021 | News
Language-learning app Duolingo said on Monday it was aiming to be valued at up to $3.4bn in its initial public offering in the United States. About 5.1 million shares will be offered in IPO, priced between $85 and $95 each, which would rake in more than $485 million...
by Sebastian | Jul 19, 2021 | News
Italian luxury fashion group Ermenegildo Zegna has agreed to go public by combining with a special-purpose acquisition company (SPAC) in the United States, giving the business an enterprise value of $3.2bn, the Financial Times said on Monday. The family-owned fashion...
by Sebastian | Jul 18, 2021 | News
Partners Group Holding AG is nearing a deal to acquire European generic drugmaker Pharmathen SA from BC Partners for around $1.9bn, according to people familiar with the matter. The buyout firms could announce an agreement in the coming days, the people said, asking...
by Sebastian | Jul 18, 2021 | News
L Catterton, a private equity firm backed by French luxury giant LVMH, has agreed to buy a 60% stake in Italian fashion company Etro, two sources familiar with the matter said on Sunday. The deal values Etro at about $590m, the sources said, confirming reports in...
by Sebastian | Jul 18, 2021 | News
PGIM Private Capital provided nearly $6.5bn of senior debt and junior capital to more than 100 middle-market companies and projects globally in the first half of 2021, marking the second largest first-half origination volume over the past decade, as markets across the...
by Sebastian | Jul 18, 2021 | News
McLaren Group Ltd. obtained $760 million in funding from investors including Saudi Arabia’s sovereign wealth fund as the supercar maker and racing team owner tries to recover from the impact of the coronavirus pandemic. Funds managed by Ares Management Corp. and Saudi...