Private equity and Britain’s care home crisis

Private equity and Britain’s care home crisis

A battle over care home provider Four Seasons raises troubling questions for a sector Boris Johnson has pledged to fix At the Whitchurch Care Home, emergency buzzers went unanswered, some medicines were not dispensed and many of its frail and elderly residents had not...
Japan’s Mitsubishi Materials buys 30% stake in Chile copper mine

Japan’s Mitsubishi Materials buys 30% stake in Chile copper mine

Japan’s Mitsubishi Materials Corp (MMC) (5711.T) has bought a 30% stake in Mantoverde copper mine and an associated copper project from Mantos Copper for $236 million to secure more concentrates for its smelters, the company said on Friday. The mine, which has 2.1...
Permira snatches Italian luxury sneaker brand Golden Goose

Permira snatches Italian luxury sneaker brand Golden Goose

Private equity firm Permira has reached an agreement to buy Italian luxury sneaker brand Golden Goose, a source familiar with the matter told Reuters on Wednesday. The Venice-based shoemaker, which makes sneakers that sell for 400 euros ($437), is owned by private...
Apollo Nears Deal to Buy Covis Pharma From Cerberus

Apollo Nears Deal to Buy Covis Pharma From Cerberus

U.S. buyout firm Apollo Global Management Inc. is nearing a deal to buy closely-held drugmaker Covis Pharma Holdings Sarl from rival private-equity firm Cerberus Capital Management for more than $700 million, according to people familiar with the matter. Talks are at...
Private equity firm EQT to expand Asia-Pacific operations

Private equity firm EQT to expand Asia-Pacific operations

Ken Wong, head of EQT Australia and New Zealand, will relocate from Singapore to head up office Swedish private equity firm EQT is expanding its operations in the Asia-Pacific region with the opening of a new office in Sydney. The new branch will be led by Ken Wong,...