UPDATE: TSG makes exit from hi-end bike brand Canyon

UPDATE: TSG makes exit from hi-end bike brand Canyon

Groupe Bruxelles Lambert has signed a definitive agreement to acquire a majority stake in Canyon Bicycles. As part of the transaction, significant minority shareholder TSG Consumer Partners will fully exit its stake. The founder, Roman Arnold, will remain the Chairman...
Novia sells to private equity firm Anacap

Novia sells to private equity firm Anacap

Novia has been snapped up by Anacap Financial Partners, marking the private equity firm’s third acquisition in the UK platform space. Anacap made its first foray into the wealth management platform market with its purchase of Wealthtime. The transaction was announced...
Billionaire Issa brothers snap up German petrol chain for £440m

Billionaire Issa brothers snap up German petrol chain for £440m

British petrol-station operator EG Group has agreed to buy Austrian oil and gas company OMV’s network of 285 petrol stations in southern Germany for 485 million euros ($589 million), OMV said on Monday. OMV had put the network up for sale as part of a divestment plan...