by Sebastian | May 3, 2021 | News, UKPEC
UK drugmakers, diagnostics, medical equipment and other life sciences companies have raised £10.6bn from private funding rounds and stock market flotations in the first three months of the year, more than half of last year’s record total, according to a report. Last...
by Sebastian | May 3, 2021 | News, UKPEC
Computer maker Dell Technologies Inc on Sunday said private-equity firms Francisco Partners and TPG Capital have entered a definitive agreement to buy its cloud business, Boomi, in a $4 billion cash transaction. The company said the deal was expected to close by the...
by Sebastian | May 2, 2021 | News, UKPEC
KPN NV has rejected unsolicited takeover offers from a private equity consortium comprising EQT AB and Stonepeak Infrastructure Partners and another from U.S. investment firm KKR, the Dutch telecommunications company said on Sunday. “Boards of KPN concluded that both...
by Sebastian | May 2, 2021 | News, UKPEC
Apollo Global Management made its name scoring double-digit returns on debt-laden buyouts. Under new CEO Marc Rowan, the firm’s future will become increasingly about finding ways to eke out a few percentage points more than corporate and government bonds pay. The...
by Sebastian | May 2, 2021 | News, UKPEC
Caesars Entertainment is reportedly set to put William Hill’s non-American assets up for sale in the coming weeks. The Vegas giant bought the British high street stalwart in a deal worth just shy of £3bn last month, but is believed to be keen to offload the UK and...
by Sebastian | May 2, 2021 | News
Stone Point Capital and GIC Pte agreed to buy a majority stake in retirement and savings account provider Ascensus Inc. The investment firms are buying the company from backers including Genstar Capital, Aquiline Capital Partners and Atlas Merchant Capital, according...