Apollo Global Management is drawing up a bid for William Hill’s betting shops and other non-US assets once the bookmaker’s takeover by Caesars Entertainment goes through. The private equity firm, which wants to back the incumbent management, had originally approached...
Premier Foods said that it had sold its 49% stake in the Hovis Holdings bread-baking joint venture to private equity firm Endless. The FTSE 250 food manufacturer said that it will receive proceeds of £37m including the repayment of outstanding loan notes and accrued...
British shoe brand Clarks has agreed to sell a majority stake to a Hong-Kong based private equity company in a £100m deal, as the group’s founding family cedes control for the first time in its 195-year-old history. C&J Clark, the company behind the brand, on...
Ferguson Plc has kicked off a sale of its U.K. business as part of efforts by the plumbing-equipment maker to focus on its North America operations, according to people familiar with the matter. The distributor of pipes, faucets and sinks is working with a financial...
U.S. asset manager Waterfall has agreed to buy UK firm Alternative Credit Investments (ACI) for 639 million pounds in cash, the companies said on Tuesday. The acquisition price of 870 pence per share represents a premium of around 5.1% to the closing price of 828... 