by Sebastian | Feb 20, 2020 | News
Wall Street investment bank Morgan Stanley will acquire E-Trade for $13 billion, the companies said on Thursday, the latest in a consolidation wave for the brokerage industry. Morgan Stanley will pay $58.74 a share in stock for E-Trade in a deal bringing together $3.1...
by Sebastian | Feb 20, 2020 | News
Private equity group Sycamore Partners takes 55 per cent in lingerie business Les Wexner will step down from his leadership roles at Victoria’s Secret after agreeing a deal with private equity firm Sycamore Partners to take the lingerie brand private. Sycamore will...
by Sebastian | Feb 20, 2020 | News
The report titled ‘PE/VC Agenda: India Trend Book 2020’ said that this is the third consecutive year that the private equity and venture capital sector has outperformed. “In terms of value, PE/VC investments increased by 28 per cent as compared to...
by Sebastian | Feb 20, 2020 | News
Rich guys like to own professional sports teams. Private equity produces a lot of rich guys. So it’s little surprise that buyout billionaires have been snapping up NBA franchises for the past two decades. In recent years, a few of those franchises have achieved...
by Sebastian | Feb 20, 2020 | News
Allegretti, who joins Arbor Investments in March, was most recently managing partner of Deloitte’s Chicago office. A former Deloitte executive will become the new president of a Chicago equity firm focused on food and beverage companies. Carl Allegretti has been...
