by Sebastian | Jan 6, 2021 | News
U.S. private equity firm Carlyle Group will invest about 100 billion yen ($970 million) in Rigaku, a major Japanese manufacturer of analytical instruments, offering funding access and management know-how to pave the way for an initial public offering within the next...
by Sebastian | Jan 6, 2021 | News
Private equity managers are optimistic about deal-making and exit activity in 2021 and are gearing up to spend unallocated capital after a 2020 second quarter jolt and the subsequent onset of recovery. The second half of 2020 has shown that deal-making will continue,...
by Sebastian | Jan 6, 2021 | News
Affirm Holdings Inc, founded by PayPal Holdings Inc co-founder Max Levchin, is aiming for a valuation of over $9 billion in its initial public offering, the lending startup said in a filing on Tuesday. Affirm said it plans to price its shares, to be listed on Nasdaq...
by Sebastian | Jan 5, 2021 | News
U.S. private equity firm Warburg Pincus has invested about $100 million in India’s boAt, the consumer electronics firm said on Wednesday. BoAt, known for its budget-friendly bluetooth speakers and wireless earbuds, was last valued at nearly $283 million after a $59.6...
by Sebastian | Jan 5, 2021 | News
US telecoms group ATN International has beat private equity investors to buy Alaska Communications. Massachusetts-based ATN put in an all-cash agreed bid of US$332 million for the company, beating a previous offer from Macquarie Capital and GCM Grosvenor, worth just...