by Sebastian | Feb 15, 2021 | News
Former UniCredit boss Jean-Pierre Mustier is teaming up with France’s richest man Bernard Arnault to launch a special purpose acquisition company (SPAC) aimed at European financial deals, as a boom in blank cheque vehicles spreads from the United States. French...
by Sebastian | Feb 15, 2021 | News
Warburg-backed fibre broadband provider Converge ICT Solutions Inc said on Monday it is holding talks with Elon Musk’s SpaceX on a potential broadband satellite venture in the Southeast Asian nation. In a stock exchange disclosure, Converge said it is looking at...
by Sebastian | Feb 15, 2021 | News
A year of pandemic prudence is giving way to jumbo dealmaking in Europe for deep-pocketed private equity houses. Buyout firms have announced $29 billion of takeovers involving European companies this year, up 60% year-on-year and the most for this period on record,...
by Sebastian | Feb 14, 2021 | News
Proptech investment firm Fifth Wall this past week celebrated the closing of the $345 million IPO for the venture capital firm’s first special purpose acquisition company (SPAC), the built-world-oriented Fifth Wall Acquisition Corp I. Trading on the NASDAQ exchange...
by Sebastian | Feb 14, 2021 | News
German chemical company Lanxess is buying U.S.-based Emerald Kalama Chemical for an enterprise value of about $1.08 billion to strengthen its consumer business. The acquisition was announced on Sunday by Lanxess which said it would be financed by its existing...
by Sebastian | Feb 14, 2021 | News
Lonsdale Capital Partners, a UK private equity group, is in advanced talks to acquire a stake in Horseware Ireland, a highly successful equestrian products company. It is understood that the investment will accelerate the growth of the company, which makes horse...