by Sebastian | May 13, 2021 | Nasdaq, News
Perceptive Advisors, an investment management firm focused on the life sciences sector, has held the first and final closing of Perceptive Xontogeny Venture Fund II (PXV Fund II) with $515m in capital commitments. The close of PXV Fund II more than triples the...
by Sebastian | May 13, 2021 | Nasdaq, News
Ralph Lauren Corp will sell high-end apparel brand Club Monaco to private equity firm Regent LP for an undisclosed amount, as the apparel retailer doubles down on its eponymous label. The sale of upscale casual wear brand Club Monaco, established in 1985 and bought by...
by Sebastian | May 13, 2021 | Nasdaq, News
British inspection and product testing company Intertek Group agreed on Thursday to buy SAI Global Assurance for $660m, as it builds market share in Australia, North America, the UK and China. SAI Global Assurance, which is indirectly owned by private equity firm...
by Sebastian | May 13, 2021 | Nasdaq, News
Advent International is exploring options including a potential sale for its stake in ASK Group, an Indian investment and wealth management firm, according to people familiar with the matter. The buyout firm is working with Nomura Holdings Inc. on a possible deal,...
by Sebastian | May 13, 2021 | Nasdaq, News
Blackstone Group Inc. is buying 66 multifamily properties in the San Diego area for more than $1bn and plans to invest some $100m to improve the properties, whose apartments currently provide low-cost housing to thousands of people. The deal would transfer about 5,800...
by Sebastian | May 13, 2021 | Nasdaq, News
Bird Rides said on Wednesday it would merge with blank-check company Switchback II Corp to go public in a deal valuing the electric scooter rental company at $2.3bn. The scooter startup said the deal would be supported by a private investment of $160m from Fidelity...
