by Sebastian | Nov 19, 2019 | News
Goldman Sachs Group Inc. led a group of financiers investing $30 million in a digital Kenyan fresh-foods distributor that will use the money to expand. Twiga Foods Ltd. raised $23.8 million in equity funding from the New York-based lender, as well as existing...
by Sebastian | Nov 19, 2019 | DPEC, GPEC, News
Private equity firm KKR has added Deutsche Bank and KKR Capital Markets as additional global coordinators for the planned stock market flotation of German defense supplier Hensoldt, people close to the matter said. The buyout group is working with the two investment...
by Sebastian | Nov 19, 2019 | News, NPCD
The chief executive officer of Norway’s sovereign wealth fund, Yngve Slyngstad, is stepping down after spending the past 12 years building a $1.1 trillion behemoth. The 56-year-old said he made the decision after the fund hit 10 trillion kroner last week, 50 years...
by Sebastian | Nov 19, 2019 | News, UKPEC
U.S. private equity firm Advent International said it had won approval from European Union, U.S. and Finnish regulators for its $5 billion acquisition of British defense company Cobham, as it continues to wait for U.K. approval. Britain has intervened in the deal on...
by Sebastian | Nov 19, 2019 | News
Survey found that turnover for CFOs at private equity-backed businesses was high If you’re a finance director at a company being acquired by private equity, beware. Traditional chief financial officers will be replaced by their tech-savvy, visionary and...