Unilever has agreed to sell its global tea business to CVC Capital Partners for $5.1bn, concluding a process of reviewing and spinning off the division that took more than two years. The business being sold, called Ekaterra, hosts a portfolio of 34 tea brands...
AllTrails, which operates a popular digital guide app for hikers, has raised $150m in fresh capital from the growth fund of private equity firm Permira, the U.S. company’s chief executive told Reuters on Tuesday. Another private equity shop Spectrum Equity, which...
A consortium led by top executives of Razer Inc plans to value the Hong Kong-listed maker of gaming hardware at up to $4.5bn in a deal to take it private, said two people with direct knowledge of the matter. Chairman Min-Liang Tan and non-executive director Kaling...
Global private equity giant Carlyle is reportedly eyeing up to $10bn for a new Asia fund when it brings the vehicle to market next year. Carlyle is seeking between $8bn and $10bn for Carlyle Asia Partners VI. Reaching that range would see the investment major...
Eurazeo has bought majority control of Scaled Agile for $300m. A press release said prior investors Leeds Equity Partners LLC and company managers retained a stake. Leeds bought the company in 2019, a press release said. Rubicon Technology Partners LLC in Boulder had... 