British private equity firm CVC Capital Partners said on Wednesday it has pulled out of takeover talks with Dutch financial services company Intertrust. CVC had launched a 18 euro bid per share for Intertrust on Nov. 11 which valued the firm at 1.63 billion euro...
A $12 billion takeover proposal for Telecom Italia by private equity giant KKR has highlighted an ‘Italian discount’, which a surge in investor interest and a European fund aimed at supporting its struggling economy could help narrow. At a 36% discount to...
Rajan Bajaj, founder of fintech Slice, chimed in on a Twitter thread early this year and wondered aloud what he needs to do to turn his startup into a unicorn before he turns 30. Slice, which was valued at under $200 million in a financing round in June this year, has...
Apax Partners has renewed its interest in investing in Serie A, the Italian soccer league that’s been frustrated in efforts to raise fresh funding this year, according to people familiar with the matter. The private equity firm is working to formulate a proposal that...
Universal Robina – controlled by billionaire Lance Gokongwei – has agreed to buy Malaysia’s Munchy Food Industries from private equity firm CVC Capital Partners for $454m as the Philippine company expands its footprint across Southeast Asia. The... 