by Sebastian | Feb 15, 2021 | News
Canadian bicycle maker Dorel Industries Inc has terminated its take-private deal with Cerberus Capital Management, weeks after the private equity firm sweetened its bid for the company. Dorel said the termination followed discussions with many of its shareholders and...
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...
