by Sebastian | Jun 4, 2021 | News
Shares of DLocal Ltd jumped nearly 48% in their Nasdaq debut on Thursday, giving the Uruguayan cross-border payments firm a market capitalization of about $9 billion. The company’s stock opened at $31, compared with the initial public offering price (IPO) of $21....
by Sebastian | Jun 4, 2021 | News
Invesco and Searchlight Capital Partners LP are lobbying creditors of Mediapro to back a restructuring deal enabling them to take a stake in the producer of top-flight Spanish soccer broadcasts left reeling by the pandemic. The investment firms sent a restructuring...
by Sebastian | Jun 4, 2021 | News
Billionaire William Ackman’s Pershing Square Tontine Holdings is in talks to buy 10% of Universal Music Group in a deal that would value the label at $40 billion and make it the largest ever investment by a blank check vehicle. Pershing would invest $4 billion to buy...
by Sebastian | Jun 4, 2021 | News
Technology-focused Alpine Investors is seeking $1.7 billion for its eighth fund, a goal that would make the fund the firm’s largest yet, according to people familiar with the fundraising effort. If the San Francisco firm’s fund hits its target, Alpine Investors VIII...
by Sebastian | Jun 4, 2021 | News
Private-equity firms KKR & Co. and Clayton Dubilier & Rice LLC agreed to buy Cloudera Inc. for roughly $5.3 billion in a deal that would take the software company private. The pair on Tuesday said they would pay $16 a share for the data-cloud company,...