by Sebastian | Nov 19, 2019 | BPEC, DPEC, FPEC, GPEC, IPEC, ITPEC, News, NPCD, PPEC, SPEC, UKPEC
UNCERTAIN TIMES IN EUROPE PUT A DAMPER ON PE MULTIPLES Concerns around Europe’s economic outlook are among the factors behind a drop-off in European multiples over the past two quarters, bringing an end to a three-year run of rising valuations, according to...
by Sebastian | Nov 19, 2019 | News
NetEase Inc.’s online education arm, Youdao Inc., begins trading on the New York Stock Exchange on Friday in what is set to be a test of appetite for U.S. initial public offerings by Chinese companies after poor performance this year. Youdao priced its IPO at $17 a...
by Sebastian | Nov 19, 2019 | News
U.S. buyout firm Blackstone Group said on Monday it had extended the deadline for its offer to buy hotel operator Unizo Holdings to Nov. 6 from Monday. Blackstone said the extension was “to provide additional time” for Unizo to respond to the offer. The firm had told...
by Sebastian | Nov 19, 2019 | News
Shift away from pounds acts as protection from Brexit-related currency swings US private equity groups buying UK-listed companies have started paying in dollars rather than pounds, in a move that protects them from Brexit-related swings in sterling and passes the risk...
by Sebastian | Nov 19, 2019 | News, SEAPEC
Singapore’s Jungle Ventures said on Wednesday it has raised $240 million from investors, including Temasek Holdings, for a third fund designed to back Southeast Asian startups, highlighting the growing interest in the region’s technology firms. Jungle Ventures’ latest...