by Sebastian | Nov 19, 2019 | News, SEAPEC
L Catterton, the $15 billion private equity firm co-founded by luxury-goods maker LVMH Moet Hennessy Louis Vuitton SE, has closed its third Asia fund to back more retail and healthcare companies across the region. L Catterton Asia 3 had a target of $1.25 billion, but...
by Sebastian | Nov 19, 2019 | DPEC, GPEC, News
A group of lenders led by Deutsche Bank Group AG has managed to offload a $425 million loan for the buyout of type-font designer Monotype Imaging Holdings Inc. after laboring for weeks to find buyers, according to people familiar with the matter. The debt is among the...
by Sebastian | Nov 19, 2019 | News
Saudi Arabia’s BinDawood Group is working with Goldman Sachs Group Inc. and JPMorgan Chase & Co. to sell shares of its supermarket business as early as next year, according to people with knowledge of the matter. The company also picked GIB Capital for the deal, which...
by Sebastian | Nov 19, 2019 | FPEC, News
LVMH, the French owner of Louis Vuitton and Givenchy, offered to buy jeweler Tiffany & Co. for about $14.5 billion in a deal that would expand its access to U.S. luxury shoppers, people familiar with the situation said. The group approached New York-based Tiffany with...
by Sebastian | Nov 19, 2019 | News
It’s the year of the warehouse mega-deal, and the two largest players are running away from the pack. Blackstone Group Inc. and real estate investment trust Prologis Inc. are locked in an Amazon-fueled acquisition battle, gobbling up U.S. warehouse space in a bid to...