by Sebastian | May 10, 2021 | News
Under a proposed deal to merge with blank-check company 7GC & Co Holdings Inc., Vice would remove one of the biggest obstacles it has faced, onerous financial obligations to private-equity investor TPG, people familiar with the matter said. The proposed...
by Sebastian | May 10, 2021 | News
Australian casino operator Star Entertainment Group on Monday proposed an all-stock buyout of larger rival Crown Resorts Ltd that it valued at $7bn, vying with two private equity giants for control of the troubled target. No. 2 casino player Star said it was proposing...
by Sebastian | May 10, 2021 | News
Paris-based small and medium-sized enterprise-focused private equity firm CAPZA has announced the final close of its CAPZA 5 Flex Equity fund at around $852m. This number doubles the size of the firms’ previous fund at roughly $428m. Since 2004 CAPZA Flex Equity has...
by Sebastian | May 10, 2021 | News
Swedish engineering group Alfa Laval has agreed to buy StormGeo, which provides weather-centric services, from EQT for $442.9m, it said on Monday. StormGeo, which had sales of about $86m last year and was founded as a spin-off from Norwegian broadcaster TV2, will...
by Sebastian | May 9, 2021 | News
Apollo Global Management reported a first-quarter profit Tuesday as the value of its investments soared. The New York firm posted net income of $678.9 million, or $2.81 a share. That compares with a loss of $996.2 million, or $4.47 a share, a year earlier when...
