Asda’s billionaire owners close in on Caffe Nero takeover

Asda’s billionaire owners close in on Caffe Nero takeover

The billionaire brothers behind Asda are said to be closing in on a takeover deal for Caffe Nero after buying up the ailing coffee chain’s debts. Mohsin and Zuber Issa have bought roughly £140m of loans from Swiss private equity firm Partners Group via investment bank...
Revolut targets $10bn valuation in upcoming funding round

Revolut targets $10bn valuation in upcoming funding round

Revolut is eyeing a new fundraising round which would see the challenger bank’s valuation soar to more than $10bn. Last summer the neobank raised a further $80m to close out its series D funding round from private equity firm TSG, valuing the company at $5.5bn. Now...