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...
by Sebastian | May 2, 2021 | News
For years it was the jewel in the crown of Sir Philip Green’s retail empire. But with the collapse of Arcadia last November, the former home of Topshop on Oxford Street is now on the market for a cool £420m. Marketing materials seen by The Times suggest the property...
by Sebastian | May 1, 2021 | News
Lodging startup Sonder, which offers refurbished properties for short-term rentals, has agreed to go public through merging with a blank-check firm backed by billionaire investors Alec Gores and Dean Metropoulos that values the combined company at around $2.2 billion....
by Sebastian | May 1, 2021 | News
Equiniti Group has received a revised offer from US private equity investor Siris Capital, to buy the outsourcer for around £661m in cash. Siris revised its bid to 180 pence per share following discussions, London-listed Equiniti said. In early April, Siris submitted...