PE-backed Brewdog’s Profits have a hangdog look as costs increase

PE-backed Brewdog’s Profits have a hangdog look as costs increase

Profitability at Britain’s largest craft brewer fell back last year, despite a 25 per cent rise in sales to £215 million, as its fast growth came at a high price. Brewdog experienced an increase in overheads as it expanded its bar network in Britain and overseas, the...
UPDATE: EG Group’s owners cash out ahead of £6.8bn Asda deal

UPDATE: EG Group’s owners cash out ahead of £6.8bn Asda deal

The owners of the petrol stations business EG Group have raised expensive debt-like financing from sovereign wealth and pension funds, handing them hundreds of millions of pounds in fresh cash that could help fund their buyout of the UK supermarket chain Asda....
PE-backed Caffè Nero enters CVA amid Covid downturn

PE-backed Caffè Nero enters CVA amid Covid downturn

PE-backed Caffè Nero has become the latest high street coffee chain to restructure its business after profits were hit by the coronavirus pandemic. The chain, which operates around 700 sites across the UK and 200 overseas, entered a Company Voluntary Arrangement (CVA)...
Hillhouse in talks to take developer SOHO China private

Hillhouse in talks to take developer SOHO China private

Private equity firm Hillhouse Capital Group is in talks to take property developer SOHO China Ltd private, said four people with knowledge of the matter, in a deal that could be worth more than $2 billion and accentuate a trend in Hong Kong. Asia-focused Hillhouse has...