Former Apax dealmakers launch private equity firm

Former Apax dealmakers launch private equity firm

Averna Capital was set up by Stephen Green, Richard Tudor and Pierre-Edouard Harant Two former Apax Partners dealmakers have teamed up to launch a new private equity firm targeting European businesses. Averna Capital was set up by Stephen Green, Richard Tudor and...
Loeb, Ma Invest in $2.6 Billion FinTech With M&A Plans Ahead

Loeb, Ma Invest in $2.6 Billion FinTech With M&A Plans Ahead

Activist investor Dan Loeb, Chinese tycoon Jack Ma and Silver Lake joined forces to bet on the business of luxury shoppers’ tax refunds, and on the future of travelers splurging when abroad. Global Blue SA will get $1 billion of investment from Far Point Acquisition...
Dave & Buster’s Surges After KKR Takes Rare Activist Step

Dave & Buster’s Surges After KKR Takes Rare Activist Step

Private equity giant KKR & Co. took the unusual step to disclose plans to push for changes at Dave & Buster’s Entertainment Inc. Shares in the U.S. restaurant chain soared as much as 16% to the highest level since June. KKR disclosed in a filing Friday that it...
Barclay brothers in talks to sell Ritz hotel to Saudi investors

Barclay brothers in talks to sell Ritz hotel to Saudi investors

Jeddah-based group representing wealthy families shows interest in London institution The billionaire Barclay brothers are in talks to sell the Ritz Hotel in London to a private investment group that represents wealthy Saudi Arabian families, people close to the...