by Sebastian | Jun 20, 2021 | News
Supermarket giant Morrisons has rejected a £5.5bn takeover bid from a private equity firm, believing it would have “significantly undervalued” the company. Clayton, Dubilier & Rice (CD&R) earlier said it noted the press speculation regarding a potential...
by Sebastian | Jun 19, 2021 | News
FSN Capital Partners has held the final closing of FSN Capital VI at €1.8bn. The fund was oversubscribed and closed above its original hard cap. With the new fund, FSN has grown significantly since FSN Capital V closed in 2016 at €985m. Fund VI will continue...
by Sebastian | Jun 19, 2021 | News
HSBC has agreed to sell its French retail bank to Cerberus-backed My Money Group in a deal which will mean a loss of around $2.3bn for the British bank but end its long struggle to dispose of the business as it focuses on Asia. The deal announced on Friday sees HSBC...
by Sebastian | Jun 19, 2021 | News
Private equity major EQT has agreed a $9.6bn sale of vaccine DNA and mRNA supplier Aldevron to Danaher, just two years after buying into the business. Aldevron has seen its profile grow amid the coronavirus crisis through its important role supplying plasmid DNA used...
by Sebastian | Jun 19, 2021 | News
Bridgepoint, the private equity firm, is to take a big stake in Itsu, the Asian fast-food chain – a deal that will revive one of the UK casual dining industry’s most successful partnerships. Sky News has learnt that Bridgepoint is putting the finishing touches to a...
by Sebastian | Jun 18, 2021 | News
Transportation finance and logistics company CAI International Inc said on Thursday it has agreed to a $1.1 billion takeover by Mitsubishi HC Capital Inc, as the Japanese financial firm expands its overseas operations. The deal consists of $104 million worth of...
