Coronavirus Had Ackman Consider Liquidating Portfolio

Coronavirus Had Ackman Consider Liquidating Portfolio

Activist investor Bill Ackman was so concerned about the potential impact of the coronavirus that he considered liquidating his hedge fund’s entire portfolio for the first time. Instead, the billionaire opted for another strategy: a lucrative credit hedge that earned...
Air Liquide sells hand sanitiser business to private equity group

Air Liquide sells hand sanitiser business to private equity group

EQT Partners in exclusive talks to buy Schülke as it ramps up production during coronavirus pandemic Private equity group EQT Partners is in exclusive talks to buy Air Liquide’s hand sanitiser and disinfectant business, in a roughly €900m deal agreed as the company...
Gateway Partners invests $50 million in Tim Hortons Gulf franchise

Gateway Partners invests $50 million in Tim Hortons Gulf franchise

Dubai-based private equity firm Gateway Partners has acquired a 40% stake in the Gulf franchise of coffee and breakfast chain Tim Hortons, two sources familiar with the matter told Reuters. Gateway Partners, which is led by former Standard Chartered banker Viswanathan...