by Sebastian | Feb 16, 2021 | News
German sportswear maker Adidas AG plans to sell or spin-off its underperforming Reebok brand, 15 years after it bought the U.S. fitness label to help compete with arch-rival Nike Inc. Adidas said on Tuesday it had decided to begin a formal process aimed at divesting...
by Sebastian | Feb 16, 2021 | News
According to a report in the Financial Times, Chicago’s famed comedy theater Second City is close to a deal that would see it sold to a private equity firm, ZMC, controlled by Strauss Zelnick. No price was disclosed and the paper noted that the deal was not yet done....
by Sebastian | Feb 16, 2021 | News
Carlyle Group plans to list Japan’s WingArc1st Inc and is set to win approval for a listing as early as Thursday, two sources said, after the U.S. fund twice failed to float the software firm. WingArc1st, which develops and sells business software, including...
by Sebastian | Feb 16, 2021 | News
Owlet Baby Care Inc, a maker of baby monitoring devices, will go public through a merger with a blank-check firm backed by private equity firm Sandbridge Capital, in a deal that values the equity of the combined entity at about $1.4 billion. The deal includes a $130...
by Sebastian | Feb 16, 2021 | News
Blackstone’s credit unit and Starwood Capital Group LLC will provide 1.8 billion pounds ($2.5 billion) in debt financing for the investment firm’s acquisition of a British holiday company, according to a person familiar with the transaction. The two private credit...
