Mexican retailer Grupo Comercial Chedraui SA agreed to buy grocer Smart & Final Stores LLC for more than $600m, people familiar with the matter said, expanding its presence in a U.S. supermarket business that boomed during the coronavirus pandemic. Private-equity...
At Private Equity Insights we have gathered this week’s biggest news in the private equity and venture capital markets. 1. BlackRock Launches Pension Scheme Private Debt Fund at First Close of $940m BlackRock launches Private Debt Fund for Pension Schemes at $940m,...
UK-based Cinven said on Friday alternative asset and corporate services firm Sanne Group had rejected its $1.90bn buyout offer, and the private equity firm was considering all options. Cinven, which made a proposal of 830 pence per share to Sanne earlier this month,...
British consumer goods company Reckitt Benckiser Group has shortlisted bidders including Bain Capital, Carlyle Group and dairy producer Yili to submit binding offers for its Greater China infant formula business, sources said. The group has hired Morgan Stanley to run...
Avance Investment Management, a private equity firm formed last year by executives who worked together at Palladium Equity Partners, wants to increase the upper fundraising limit on its debut vehicle to $1bn, according to Mark Evans, principal investment officer at... 