by Sebastian | May 13, 2021 | Nasdaq, News
Advent International is exploring options including a potential sale for its stake in ASK Group, an Indian investment and wealth management firm, according to people familiar with the matter. The buyout firm is working with Nomura Holdings Inc. on a possible deal,...
by Sebastian | May 13, 2021 | Nasdaq, News
Blackstone Group Inc. is buying 66 multifamily properties in the San Diego area for more than $1bn and plans to invest some $100m to improve the properties, whose apartments currently provide low-cost housing to thousands of people. The deal would transfer about 5,800...
by Sebastian | May 13, 2021 | Nasdaq, News
Bird Rides said on Wednesday it would merge with blank-check company Switchback II Corp to go public in a deal valuing the electric scooter rental company at $2.3bn. The scooter startup said the deal would be supported by a private investment of $160m from Fidelity...
by Sebastian | May 13, 2021 | GPEC, Nasdaq, News
Paris-based private equity house Eurazeo is to sell its 49% stake in the Virginia-based automotive online advertising firm Trader Interactive for a sum reported to be $624m. The sale is being made to Carsales, the largest online automotive advertising platform in...
by Sebastian | May 13, 2021 | GPEC, Nasdaq, News
Germany’s top-flight soccer league has drawn up a shortlist of buyout funds, including KKR and Bridgepoint, to buy a 25% stake in its overseas broadcasting rights, people close to the matter told Reuters. European private equity firm CVC has also advanced to the...
by Sebastian | May 13, 2021 | News
Mid-market private equity firm Livingbridge has successfully raised $1.7bn for its Livingbridge 7 fund, ahead of its final close. Launched in April 2020 and with a hard cap of about $1.8bn, this fundraise marks the firm’s largest to date – nearly double the size of...
