by Sebastian | Mar 16, 2021 | News
Recent carve-out deals by tech giants such as Hitachi Ltd are just the beginning of potential divestitures of non-core assets by Japanese firms, U.S. buyout firm Carlyle Group’s Japan chief said. The comments come as Carlyle recently successfully exited one of...
by Sebastian | Mar 16, 2021 | News
Some of Ant Group’s global investors have valued the Chinese fintech firm at over $200 billion based on its 2020 performance, said people with knowledge of the matter, offering a more sober estimate after the shelving of its IPO and forced restructuring. The number is...
by Sebastian | Mar 16, 2021 | News
Wizz Air’s largest investor Indigo Partners sold about half its stake in the Hungary-based low cost airline to institutional investors, a statement on Tuesday said, raising gross proceeds of around 400 million pounds. Private equity firm Indigo Partners did own 15...
by Sebastian | Mar 15, 2021 | News
Former senior dealmakers at Bank of America Corp. and Carlyle Group Inc. are backing a special purpose acquisition company that’s seeking $300 million to acquire businesses in the consumer sector. Woody Boueiz, ex-head of sovereign wealth funds at Bank of America, and...
by Sebastian | Mar 15, 2021 | News
PE investors expect a ‘U-shaped’ recovery, according to ‘Covid-19 and the world of private equity: optimism in an uncertain environment’, a survey released today by audit firm Mazars, that gauges investor sentiment in the institutional funding market. While the...