EQT buys Danish ferry operator Molslinjen in €1bn deal

EQT buys Danish ferry operator Molslinjen in €1bn deal

Swedish private equity firm EQT has acquired Danish ferry and floating bridge operator Molslinjen A/S from a group of shareholders led by Polaris, a Nordic private equity firm headquartered in Copenhagen. The firms did not disclose financial details, but a person...
SoftBank reaps $11.2 billion gain from DoorDash investment

SoftBank reaps $11.2 billion gain from DoorDash investment

Japanese technology giant SoftBank Group Corp scored a $11.2 billion gain in the value of its stake in DoorDash Inc following the U.S. food delivery app’s blockbuster stock market debut on Wednesday. SoftBank, which invested $680 million in DoorDash in the last three...
HydraFacial to go public via a $1.1 billion SPAC

HydraFacial to go public via a $1.1 billion SPAC

A blank-check acquisition firm cofounded by the former chief executive officer of Allergan, Brent Saunders, will merge with beauty company HydraFacial in a deal valued at $1.1 billion including debt, the companies said on Wednesday. HydraFacial’s merger with Saunder’s...